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A busy week of tech earnings was capped by a market rally as all three major indexes logged gains for the week.  ( 38 min )

Gone are the days of series I savings bonds paying almost 7% in interest. The U.S. Treasury announced Friday that the inflation-protected bonds would start paying investors 4.3% on May 1, down from the 6.89% that they've paid out over … Continue reading → The post Interest Rate for Series I Savings Bonds Falls to 4.3%: Here's What it Means appeared first on SmartAsset Blog.  ( 39 min )

From artificial intelligence to extraterrestrial life, Tesla Inc. CEO Elon Musk discussed a wide range of topics during his Fox News interview with Tucker Carlson. He also touched on commercial real estate — and the message is pretty dire. “We really haven’t seen the commercial real estate shoe drop. That’s more like an anvil, not a shoe,” Musk said. “So the stuff we’ve seen thus far actually hasn’t even – it’s only slightly real estate portfolio degradation. But that will become a very serious  ( 39 min )

The fixed-rate portion of the I bonds rises to 0.9%, up from 0.4%.  ( 27 min )

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Comcast says his stock options and grants were forfeited upon his termination.  ( 26 min )

Eventually investors have to face reality: There are downsides to cutting costs and laying off staff.  ( 23 min )

Nvidia (NASDA:NVDA) has been on a remarkable run this year, with its shares surging by an impressive 89% year-to-date. The chip giant’s success can largely be attributed to this year’s hottest trend: Generative AI. The company is widely recognized as a leader in the field and seen as one set to benefit from increased adoption of the tech. In fact, with a view to next month’s F1Q earnings (May 24), Morgan Stanley analyst Joseph Moore thinks all the hoopla around AI should result in a strong repor  ( 39 min )

The Federal Reserve is poised to deliver what's expected to be another small rate increase Wednesday. Here's what that could mean for your savings and your debts.  ( 20 min )

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U.S. Bancorp stock continues sliding, and Alan Colberg, the regional bank’s newest director, scooped up shares.  ( 22 min )

Have you ever driven by one of those highway signs advertising the Powerball lottery and just for a moment fantasized about what you could buy if you won $25 million? Most people will never have a real opportunity to do that, except of course for those few moments on the highway when one may dream a little as they pass the sign. But many real estate investment trusts (REITs) with huge lines of credit can buy up lots of properties for millions of dollars. One in particular has been on a huge spen  ( 40 min )

Air-travel demand is back with a vengeance, but so are operators’ costs. And all that demand doesn’t mean as much if airlines don’t have the capacity to put butts in seats.  ( 22 min )

First Republic Bank plunged to a record low as investors sorted through rescue scenarios, none of which is likely to be good for current shareholders.  ( 39 min )

The assessments of the failures of Silicon Valley Bank and Signature Bank split blame between bank management, missteps of supervisors and weakened bank regulations  ( 41 min )

The internet infrastructure company has struggled lately, falling about 48% over the last 12 months.  ( 22 min )

Intel CEO Pat Gelsinger signals the worst for his business may be in the rearview mirror.  ( 40 min )

Gilead Sciences Inc (NASDAQ: GILD) reported Q1 FY23 sales decreased 4% Y/Y to $6.35 billion, slightly above the consensus of $6.33 billion, due to lower Veklury (remdesivir) sales, partially offset by increased sales in HIV and Oncology. "Biktarvy outperformed once again, and Oncology revenue increased 59% year-over-year, driven by Trodelvy and Cell Therapy," said Daniel O'Day, Gilead's Chairman & CEO. Product sales decreased by 3% to $6.3 billion; excluding Veklury, product sales increased 15%  ( 38 min )

First Republic Bank (NYSE: FRC) is under the government's scanner for rescue as the private sector delays settlements. "U.S. officials are coordinating urgent talks to rescue FRC, as private-sector efforts led by the bank's advisers have yet to reach a deal," reported Reuters, citing sources familiar with the situation. Recently, FRC announced a decline in deposits and revenue for the first quarter and said it would reduce its workforce by 20-25%. Also Read: First Republic Bank Shares Sink Anoth  ( 38 min )

A judge ordered Dhirendra Prasad to pay Apple back in full and to give the IRS $1.9 million.  ( 37 min )

The once high-flying bank has seen shareholders flee as concern mounts that the FDIC may have to step in.  ( 43 min )

The new rate, applying for the next six months, is 4.3%, down from 6.89%, due to lower inflation.  ( 22 min )

(Bloomberg) -- First Republic Bank shares were halted repeatedly after dropping as much as 35% following a report from CNBC that the most likely outcome of rescue talks is for the Federal Deposit Insurance Corp. to take the lender into receivership.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y  ( 37 min )

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Around 3.6 million borrowers will receive at least three years of credit toward loan discharge as a result of the adjustment.  ( 41 min )

I'm afraid of the stock market. With my first investment, I lost 60% of my money. So I'm strictly into bonds. With interest rates low, what's your advice? Should I stay or try something else? -Jerold It's reasonable to be … Continue reading → The post Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With? appeared first on SmartAsset Blog.  ( 40 min )

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(Bloomberg) -- Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a plunge in the peso, raising the risk of a currency devaluation that President Alberto Fernandez pledged would never happen.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting P  ( 41 min )

Stocks opened lower on Friday as tech earnings from Amazon and Snap suggested a more tepid environment than what giants like Microsoft, Meta Platforms, and Alphabet told investors earlier this week.  ( 38 min )

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The global economy has been sending mixed signals recently. On one hand, the US inflation rate dropped to 5% in March, marking its lowest point since May 2021, and China has shifted its strategy away from strict zero-COVID policies. Moreover, the world’s supply chains have managed to adjust to the impact of Russia’s invasion of Ukraine. On the other hand, interest rates remain high, and there are concerns about the possibility of a recession. In addition, the US banking sector is still feeling t  ( 42 min )

(Bloomberg) -- US equity futures fell with stocks, as a rally in tech stocks lost steam and persistent inflationary pressures cemented expectations of further interest rate hikes in the US and Europe. Treasuries advanced.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Ave  ( 40 min )

Investors in the online retailer have had to deal with maddening swings in reported income because of volatility in Rivian stock.  ( 22 min )

The performance of a stock is often a direct result of the earnings announced each quarter. It’s not uncommon to see a stock rise or fall by several percent immediately after quarterly earnings are reported, and the rally or decline may continue for days or even weeks thereafter. Investors consider several factors, including whether the earnings beat the analyst estimates but also how the earnings compared to the year-over-year quarterly earnings. Even if the earnings exceed analysts’ expectatio  ( 40 min )

A gusher of cash and a richly priced stock could steer the supermajor toward a deal.  ( 26 min )

I'm 63 and have zero retirement, just Social Security benefits. How can I begin saving? And where can I begin investing this late in the game? -Rita Saving for retirement is certainly easier and has a greater impact on you … Continue reading → The post Ask an Advisor: I'm 63, Have No Retirement Savings and Will Rely on Social Security. How Do I Begin Saving? Is It Too Late to Start Investing ‘This Late in the Game'? appeared first on SmartAsset Blog.  ( 41 min )

When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 41 min )

The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.  ( 39 min )

Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.  ( 40 min )

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(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. are reaping profits not seen since oil topped $145 a barrel in 2008 — almost twice the current price.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Average US VehicleAmazon Jolts Investors With Talk of Cloud Growth Slowd  ( 39 min )

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A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year. The index, which excludes volatile food and energy costs to capture “core” prices, rose 0.3% from February to March and 4.6% from a year earlier — still far above the Fed’s 2% target rate. The government also reported that consumer spending was unchanged from February to March after a tiny gain of 0.1% the previous month, a sign consumers are getting more cautious amid high inflation and interest rates.  ( 39 min )

Caterpillar Inc., the Fortune 500 maker of the familiar yellow heavy-duty construction and industrial equipment, relocated its global headquarters to Irving in 2022, continuing a long pattern of corporate migration to North Texas.  ( 17 min )

Pfizer reports its first-quarter earnings next week and is expected to show a decline in key metrics as demand for vaccines and products related to COVID-19 sharply slows down.  ( 18 min )

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Chevron and Exxon reported impressive earnings, driven by Russia's war in Ukraine. Investors are looking for the next catalyst.  ( 23 min )

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(Bloomberg) -- Short sellers have ramped up bets against commercial mortgage REITs, wagering that more borrowers will default on office debt as interest costs increase and property values fall.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Average US VehicleAmazon Jolts  ( 40 min )

Amazon's mention of slowing revenue growth in its Amazon Web Services unit hit shares hard but analysts see reason to be positive.  ( 22 min )

(Bloomberg) -- First Republic Bank’s membership in the S&P 500 Index could be in jeopardy after the troubled bank’s stock set a new all-time low on Wednesday that briefly pushed its market capitalization below $1 billion. Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Av  ( 39 min )

The company's adjusted earnings were $2.83 a share, compared with a consensus of $2.60 on FactSet.  ( 22 min )

Uber Technologies, one of the world’s biggest ride-sharing companies, will likely report a narrow net loss in the first quarter on solid revenue gains boosted by a high take rate.  ( 19 min )

(Bloomberg) -- Shares of First Republic Bank rose in pre-market trading as the US banking industry and regulators hash out possible paths forward for the troubled regional lender.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growth Slows to  ( 38 min )

It was more than the SVB bank run that put First Republic in a vulnerable position, an analyst says.  ( 41 min )

Exxon Mobil and Chevron collectively posted $18 billion in quarter profits, showing resilience even as oil and natural-gas prices declined.  ( 27 min )

AMD is expected to report a 10% decline in revenue and an 83% plunge in net income as semiconductor sales fall and data center revenue growth slows.  ( 19 min )

Amazon hit by outlook for cloud business, House investigating SVB collapse, and other news to start your day.  ( 23 min )

(Bloomberg) -- Exxon Mobil Corp. posted its strongest-ever start to a year as oil production soars from new wells in the US and off the coast of South America.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growth Slows to 1.1% While Inflatio  ( 39 min )

U.S. stock futures fell early Friday as investors digested disappointing tech earnings and looked ahead to the Federal Reserve’s preferred inflation metric later in the day. Futures on the Dow Jones Industrial Average slipped 0.5%, or 163 points, lower ahead of the open, while S&P 500 futures were  ( 26 min )

(Bloomberg) -- Snap Inc. is set for its biggest intraday share drop in more than six months after reporting a decline in quarterly revenue following major changes to its advertising tools. Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growt  ( 39 min )

Officials from the U.S. government, Federal Reserve, and Federal Deposit Insurance Corporation are coordinating meetings to provide a lifeline to the bank, according to a report.  ( 22 min )

The chip company's first-quarter earnings beat expectations, but market watchers want more.  ( 22 min )

(Bloomberg) -- Sony Group Corp. offered a worse-than-expected profit outlook for the current fiscal year, signaling caution about the impact of the global consumer spending slump on its entertainment businesses.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyTesla Drops Model Y Starting Price Below the Average US VehicleFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinUS Economic Growth Slows to 1.1% While Inflation Accel  ( 39 min )

Companies expected to raise their dividends at a double-digit pace could be sturdy stocks in a slowing economy. Here are five name to consider.  ( 22 min )

Big-box retailers spent the better part of the 2010s trying to enter urban markets. The economics can make it hard for them to stay there.  ( 22 min )

U.S. equities closed out the day, week, and month with gains on April 28. 2023, boosted by solid earnings reports.  ( 16 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )

Choosing homeowners insurance is easy as long as you know what you need, the options available, how to save money, and the best home insurance companies to choose from.  ( 21 min )

Auto loans are large, long-term loans that can cost a lot of money. Learn how to shop around for the best rates by getting pre-approved from multiple lenders.  ( 21 min )

The demands of bellwether ultra-wealthy clients are changing. Here's what to expect and how to adjust your practices.  ( 30 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 19 min )

Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 19 min )

If you leave your job, COBRA lets you extend your group health insurance but costs tend to be high. Here’s what you can expect to pay and COBRA alternatives.  ( 23 min )

Mortgage interest rate movement was pronounced on Thursday with all but one rate term increasing by double digits. The flagship 30-year mortgage rate is once again flirting with the 7% threshold breached earlier in April.  ( 19 min )

A kids bank account can be a great tool to help you teach early financial literacy concepts to the young children in your life.  ( 23 min )

Learn the steps you need to take to compare lenders, qualify, and get the best rates and terms with an auto equity loan.  ( 23 min )

The difference between a recourse and a non-recourse loan is relevant only if the borrower defaults on the payments.  ( 23 min )

Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )

The Federal Deposit and Insurance Corp. released a report detailing its supervision of the failed Signature Bank. Regulators cited "bad management" as the cause of the bank's demise.  ( 18 min )

Maintaining health insurance is essential to protecting your health and finances. If you missed open enrollment, you can still get coverage. Here’s how.  ( 22 min )

Whether you stay with Original Medicare or choose a Medicare Advantage plan depends on how much you value flexibility versus cost and other factors.  ( 22 min )

A balloon loan is a loan with low monthly payments, followed by a large final payment to repay the remaining balance at the end of the term.  ( 23 min )

Interest on variable interest rate loans move with market rates; interest on fixed rate loans will remain the same for that loan's entire term.  ( 24 min )

The Federal Reserve is poised to deliver what's expected to be another small rate increase Wednesday. Here's what that could mean for your savings and your debts.  ( 19 min )

For individuals with larger families, supplemental life insurance may bridge the shortfall in coverage from term or whole-life policies.  ( 22 min )

Passive income is earned with little to no effort whereas residual income is passive income with different meanings depending on the context.  ( 22 min )

Zero-interest loans are not always the no-loss deal they seem to be.  ( 20 min )

An underwriter is any party that evaluates and assumes another party’s risk for a fee in the form of a commission, premium, spread, or interest.  ( 25 min )

People are spending more on gas and housing, and less on just about everything else, a chart of consumer spending data shows.  ( 17 min )

Federal Reserve releases report on Silicon Valley Bank failure, blames management, regulator and social media.  ( 18 min )

The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 23 min )

A grace period is a set amount of time a payment can be delayed without a penalty being imposed. Read about grace periods for credit cards and home mortgages.  ( 25 min )

Collateral is an asset that a lender accepts as security for extending a loan. If the borrower defaults, then the lender may seize the collateral.  ( 22 min )

Pandemic Unemployment Assistance (PUA) temporarily expanded unemployment insurance to freelancers, independent contractors, and the self-employed.  ( 24 min )

Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 21 min )

Choosing a Medicare plan starts by assessing your needs and knowing your options. We’ll help you find the best Medicare Advantage plan in six easy steps.  ( 24 min )

The application process takes a great deal of time and effort, but for those with good credit, personal loans can be an excellent source of funding.  ( 22 min )

Indemnity is compensation for damage or loss through insurance. When it is used in the legal sense, indemnity may also refer to an exemption from liability for damage.  ( 25 min )

The monthly cost of non-owner car insurance is $26 to $45, according to our research. See sample rates, top companies, and learn how to choose the best.  ( 19 min )

The average monthly cost of workers' comp insurance is $45. See average rates by industry, which factors impact your premium, and top workers’ comp insurance companies.  ( 21 min )

Bitcoin and other cryptocurrency investments may be available through 401(k) plans and individual retirement accounts (IRAs), though access may depend on the plan provider.  ( 21 min )

Pet insurance provides essential protection for your finances and your pet’s health. Here’s what to look for in a pet insurance policy and how to get one.  ( 25 min )

Price creep occurs when either an individual or a group gradually lessens its reservations about paying higher prices for a given asset and drives prices upward.  ( 22 min )

The average monthly cost of flood insurance in Florida is about $660 per year. Learn how and where to find the best deal on coverage.  ( 22 min )

Inflation fell slightly throughout March, but the Federal Reserve may still continue its campaign of interest rate hikes at its meeting next week.  ( 17 min )

Correspondent and intermediary banks both act as facilitating third parties during certain transactions, but the differences between the two are significant.  ( 21 min )

The media demonizes naked short selling, but it usually occurs after a collapse, not before.  ( 23 min )

Shares of Amazon dipped in extended trading on worries about growth in its cloud computing business. Here’s what investors need to know today.  ( 17 min )

Pfizer reports its first-quarter earnings next week and is expected to show a decline in key metrics as demand for vaccines and products related to COVID-19 sharply slows down.  ( 17 min )

Find out how dividends affect the underlying stock's price, market psychology, and how to predict price changes after dividend declarations.  ( 27 min )

Starbucks is expected to follow record sales in the fourth quarter with a decline in revenues, despite the China reopening.  ( 17 min )

Uber Technologies, one of the world’s biggest ride-sharing companies, will likely report a narrow net loss in the first quarter on solid revenue gains boosted by a high take rate.  ( 19 min )

AMD is expected to report a 10% decline in revenue and an 83% plunge in net income as semiconductor sales fall and data center revenue growth slows.  ( 17 min )

Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )

Although they are both used as cash equivalents when giving presents, a prepaid card—technically, a prepaid debit card—can be refilled and used repeatedly, while a gift card is generally only used once (or until the dollar amount is exhausted).  ( 23 min )

ChatGPT is weer te gebruiken in Italië, maakt ontwikkelaar OpenAI vrijdag bekend. De chatdienst ging uit de lucht na kritiek van de Italiaanse privacytoezichthouder.  ( 3 min )

In de VS is opnieuw een middelgrote bank in financiële moeilijkheden gekomen. Het gaat om First Republic, een regionale bank waar klanten de voorbije maanden massaal hun geld hebben weggehaald. Autoriteiten en marktpartijen zouden nu naar een mogelijke reddingsactie kijken, omdat anders een ondergang dreigt.  ( 4 min )

Luchtvaartmaatschappij Transavia schrapt ook in mei en juni vluchten vanwege problemen met sommige toestellen. Om hoeveel vluchten het gaat, is nog niet duidelijk. Waar mogelijk wil Transavia vluchten omboeken of zorgen voor een alternatief.  ( 3 min )

Dit jaar krijgt de overheid fors minder geld binnen uit snelheidsboetes dan verwacht. Mede door uitval van en onderhoud aan flitspalen en trajectcontroles voorziet het kabinet dit jaar een tegenvaller van 149,7 miljoen euro. Daarom worden boetes in 2024 met 10 procent verhoogd.  ( 3 min )

Zeker tweeduizend passagiers van Transavia die hun vlucht niet zien vertrekken, hebben hierover een claim ingediend. De compensatie voor de annulering van hun vlucht kan oplopen tot honderden euro's, geven claimorganisaties aan. Daar kunnen ook nog extra onkostenvergoedingen bij komen.  ( 4 min )

Zorgmedewerkers die door het postcovidsyndroom arbeidsongeschikt zijn geraakt, kunnen een eenmalige vergoeding van 15.000 euro krijgen. Het gaat om mensen die in de eerste coronagolf in 2020 voor coronapatiënten hebben gezorgd en daardoor zelf ook ziek zijn geworden.  ( 3 min )

Na een moeizaam einde van 2022 hebben de economieën van Duitsland, Frankrijk en de Europese Unie als geheel een recessie toch afgewend. In de cijfers over het eerste kwartaal krompen hun economieën namelijk niet meer.  ( 3 min )

De FNV heeft een ultimatum gekregen van het eigen personeel. Onderhandelingen over een hoger loon zijn vastgelopen. De vakbond moet voor maandag op de Dag van de Arbeid op eisen van werknemers ingaan, anders volgen vanaf dinsdag stakingen. Het personeel wil dat lonen meestijgen met de inflatie.  ( 3 min )

Na een moeizaam einde van 2022 hebben de economieën van Duitsland, Frankrijk en de Europese Unie als geheel een recessie toch afgewend. In de cijfers over het eerste kwartaal krompen hun economieën namelijk niet meer.  ( 3 min )

Het moederbedrijf van verzekeringsmaatschappijen Promovendum en Besured heeft een boete van 2,5 miljoen euro gekregen. Volgens toezichthouder AFM gaf het bedrijf onduidelijke, onjuiste en misleidende informatie aan klanten.  ( 3 min )

De groei van de Duitse economie is in het eerste kwartaal van dit jaar gestagneerd. Economen hadden op een groei van 0,2 procent gerekend, maar het bruto binnenlands product bleef precies hetzelfde ten opzichte van een kwartaal eerder.  ( 3 min )

Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.  ( 5 min )

Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.  ( 4 min )

Door de afkoelende economie en stijgende hypotheekrentes kunnen huizenprijzen "onrustwekkend hard" gaan dalen. Daarvoor waarschuwt het Internationaal Monetair Fonds (IMF), dat stelt dat de prijzen nu in veel Europese landen nog 15 tot 20 procent te hoog liggen.  ( 4 min )

Sony heeft in de eerste drie maanden van dit jaar 6,3 miljoen PlayStation 5-spelcomputers verkocht. Dat zijn er drie keer zoveel als in het eerste kwartaal van 2022. Toen kon het bedrijf door tekorten aan onderdelen minder gameconsoles maken.  ( 3 min )

Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.  ( 4 min )

Het chiptekort van de afgelopen jaren is bij chip- en processorfabrikant Intel omgeslagen in een chipoverschot. De verkoop van chips is flink gedaald. Daardoor groeit de voorraad, met slechte omzet- en winstcijfers als gevolg.  ( 3 min )

Internetbedrijf Amazon heeft de omzet uit de verkoop van advertenties met 21 procent zien stijgen in de eerste drie maanden van dit jaar. Kunstmatige intelligentie helpt het techbedrijf om nog gerichter reclames aan te bieden. Adverteerders zijn bereid om daar meer voor te betalen.  ( 3 min )

In mei en juni krijgen miljoenen Nederlanders vakantiegeld, maar inmiddels krijgt de helft van de werknemers een vakantietoelage via een individueel keuzebudget. Velen gebruiken het extraatje voor achterstallige rekeningen of grote uitgaven. Of zijn er slimmere bestemmingen?  ( 6 min )

Southwest (LUV) shares dropped after first quarter results revealed a lingering impact from the airline's messy holiday season.  ( 1 min )

Meta Platforms (META) is the best-performing stock in the S&P 500 as the social media giant beat quarterly estimates in almost every key financial metric and gave strong guidance.  ( 1 min )

U.S. equities skyrocketed on April 27, 2023, as strong earnings from Meta Platforms (META) boosted optimism in the tech sector.  ( 1 min )

Shares of Facebook parent Meta Platforms jumped after posting its first increase in sales in nearly a year. Here’s what investors need to know today.  ( 1 min )

After initially boosting the tech sector following another strong quarter, caution about the cloud business saw Amazon stock reverse initial gains late Thursday.  ( 40 min )

Most financial experts think that the market won’t be able to keep going up for long this year. Against a backdrop of a looming recession, most financial commentators are talking up the prospect of more uncertainty ahead. But not everyone. In fact, the strategy team at Bank of America believes there are plenty of reasons for owning stocks right now. Market sentiment is resolutely bearish, and a recession is practically accepted by everyone – both offering a chance for a contrarian take. And ther  ( 41 min )

Anheuser-Busch plans to spend "heavily" on a Bud Light marketing campaign after the brand was battered for its partnership with trans activist Dylan Mulvaney, according to a report.  ( 38 min )

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(Bloomberg) -- Amazon.com Inc., having reported strong quarterly sales in its cloud-computing division, jolted investors when executives revealed that revenue growth in the unit slowed so far in April. The shares erased a jump of almost 12%.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyUS Economic Growth Slows to 1.1% While Inflation AcceleratesGermany in Talks to Limit Export of Chip Ch  ( 38 min )

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(Bloomberg) -- Intel Corp., the biggest US chipmaker, slid in late trading after predicting a steeper loss than expected, signaling that its turnaround effort remains on shaky ground. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyUS Economic Growth Slows to 1.1% While Inflation AcceleratesGermany in Talks to Limit Export of Chip Chemicals to ChinaASML, Europe’s Most Valuable Tech Firm, I  ( 40 min )

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The comments from the CEO of Coinbase offer a forceful response to a Wells Notice received by the cryptocurrency exchange.  ( 39 min )

These are the stocks moving after the market close on Thursday, April 27, 2023.  ( 40 min )

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Amazon on Thursday reported a continuing slowdown in its cloud computing unit AWS but stronger than expected revenue and profits for the first quarter sent its stocks higher in after-hours trading. Amazon too has been cutting its expenses amid sluggish online sales and concerns over whether the U.S. will dip into a recession.  ( 39 min )

ContraFect Corporation (NASDAQ: CFRX) shares are trading higher Thursday morning. However, there is no specific news to justify the move. Wednesday morning, ContraFect announced the dosing of the first patient in Phase 1b/2 of exebacase in the setting of an arthroscopic debridement, antibiotics, irrigation, and retention procedure in patients with chronic prosthetic joint infections of the knee due to Staphylococcus aureus or Coagulase-Negative Staphylococci. The study was initiated earlier this  ( 38 min )

Snap shares collapsed 21% after the social media company reported worse than anticipated Q1 revenue.  ( 39 min )

Advisors Catherine Chase and Wendi Doyle had worked at First Republic since 2015.  ( 22 min )

Here are three potential scenarios for the troubled San Francisco bank as it struggles to stay afloat.  ( 22 min )

“Ms. Javice faces numerous impending deadlines for which she is incurring substantial expense,” said Michael Barlow, an attorney with law firm Abrams & Bayliss, in a recent letter to the judge.  ( 41 min )

On Thursday, Amazon became the latest megacap tech company to report first quarter results that beat expectations, perhaps pushing off some of the deepest fears investors held about the state of the US economy.  ( 39 min )

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(Bloomberg) -- Coinbase Global Inc. is making a last-ditch effort to dissuade the SEC from suing the firm, including sending a not-so-subtle reminder that it won’t be easy to take down. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUS Economic Growth Slows to 1.1% While Inflation AcceleratesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyGermany in Talks to Limit Export of Chip Chemicals to ChinaSingapore Hikes Property Tax, Doubling  ( 39 min )

“This morning’s data was the worst of both worlds, with growth down and inflation up,” said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance.  ( 39 min )

(Bloomberg) -- Wall Street traders see good reasons to short First Republic Bank anew as the standoff grows between the US government and the banking industry. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUS Economic Growth Slows to 1.1% While Inflation AcceleratesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyGermany in Talks to Limit Export of Chip Chemicals to ChinaSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%T  ( 39 min )

Snap is set to report its Q1 earnings after the bell on Thursday.  ( 39 min )

The core business for Meta since the early days of Facebook has been advertising sales, which still account for 98% of the company’s quarterly revenue. So naturally, enhancing advertisements with A.I. is where Meta believes the new technology can be most impactful.  ( 40 min )

Impinj, Inc (NASDAQ: PI) shares are trading lower Thursday after releasing mixed first-quarter results and an outlook that trailed expectations. Impinj clocked revenue growth of 61% year-on-year to $85.9 million Wednesday, beating the consensus of $83.6 million. The adjusted gross margin declined by 460 bps to 52.4% as costs jumped 73.9% Y/Y. Adjusted EPS of $0.30 missed the consensus of $0.33. "Our first-quarter results were solid, with record revenue and a very strong multi-quarter endpoint IC  ( 38 min )

Wall Street is betting that the US is about to fall into a recession and inflation will drop off a cliff. The actual economy points to the opposite.  ( 42 min )

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The US economy is already in recession, economists have warned after official figures revealed activity slowed sharply at the start of this year, dealing a blow to Joe Biden’s re-election campaign.  ( 39 min )

The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire Hathaway. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion “In my whole adult life, I have never hoarded cash, waiting for better conditions,” Munger said in an interview in late 2022. “I’ve just invested in the best thing I could find.” Yet he acknowledged that Berkshire Hathaway is sit  ( 39 min )

An acquisition of the beleaguered bank could carry costs well beyond the initial sticker price.  ( 28 min )

AWS could shine if Google and Microsoft are anything to go by. Whether that's enough to boost the stock remains to be seen.  ( 22 min )

Mobileye Global Inc (NASDAQ: MBLY) reported first-quarter FY23 revenue growth of 16% year-on-year to $458 million, beating the consensus of $456.72 million. EyeQ SoC-related revenue grew 11% in the quarter due to volume and ASP growth. The Average System Price was $53.9 in Q1, up from $51.0 in the prior year, driven primarily by an increased mix of advanced products. Gross margin expanded by 53 bps to 45%, while adjusted gross margin decreased by 571 bps to 71% due to the higher cost of its EyeQ  ( 38 min )

Meta led Nasdaq futures higher on Thursday morning after reporting better than expected results.  ( 39 min )

The chip maker has embarked on cutting costs while pursuing a pricey turnaround effort.  ( 27 min )

AbbVie Inc (NYSE: ABBV) has reported Q1 adjusted EPS of $2.46, down 22.2% Y/Y, in line with the consensus. Overall sales decreased 9.7% Y/Y (down 8.3% on an operational basis) to $12.23 billion, beating the consensus of $12.17 billion. The immunology portfolio generated $5.59 billion in sales, down 9% (-7.8% on an operational basis). Humira sales decreased 25.2% to $3.54 billion. In Q4, Humira sales increased 4.6% to $5.56 billion. Skyrizi sales reached $1.36 billion (+44.7% Y/Y), and Rinvoq jum  ( 38 min )

Eli Lilly And Co (NYSE: LLY) has reported Q1 sales of $6.96 billion, down 11% Y/Y, beating the consensus of $6.86 billion, driven by a $1.47 billion decline in revenue from COVID-19 antibodies. Excluding COVID-19 antibodies, revenue in Q1 2023 increased by 10%, driven by volume growth from Mounjaro, Trulicity, Verzenio, and Jardiance. New Products contributed $573.6 million to revenue in Q1 2023. Growth Products revenue increased 18% to $4.56 billion in Q1 2023. The company separately said it pl  ( 38 min )

In less than a week from today, on Tuesday, May 2, 2023, semiconductors giant Advanced Micro Devices (NASDAQ:AMD) is scheduled to report its Q1 2023 financial results. A lot of investors seem nervous about that; since the start of April, AMD stock is down 13%. But do you know who is not nervous about AMD’s earnings report? Stifel analyst Ruben Roy. In a recent research note, Roy reiterated his “buy” rating on AMD stock, along with a $98 price target — that coincidentally, would take the stock ri  ( 39 min )

Struggling chip maker Intel (INTC) will report its first quarter earnings after the bell on Thursday, as the firm continues to grapple with declines across its datacenter and PCs businesses.  ( 39 min )

Meta Platforms was back in the good graces of investors on Thursday after a quarter that beat expectations on expenses that continue to drop during the social media giant's "Year of Efficiency."  ( 40 min )

First-quarter sales for the anti-inflammatory drug fell 25% from a year ago on a reported basis.  ( 22 min )

(Bloomberg) -- The US economy was slowing even before the brunt of any credit crunch stemming from the recent bank failures, while inflation accelerated, highlighting the enormous challenge faced by the Federal Reserve.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUS Economic Growth Slows to 1.1% While Inflation AcceleratesSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%Germany in Talks to Limit Export of Chip Chemicals to ChinaNetflix Spa  ( 39 min )

Workers’ financial confidence for retirement takes the steepest drop since 2008, a survey finds.  ( 27 min )

The carrier said it expects "solid profits" in the second quarter as it flagged strong leisure demand heading into the summer travel season.  ( 23 min )

Valero Energy Corporation (NYSE: VLO) reported Q1 2023 revenues of $36.4 billion, beating the consensus of $35.4 billion. Operating income rose significantly to $4.0 billion from $1.4 billion a year ago. The Refining segment's operating income rose to $4.1 billion from $1.5 billion a year ago, with throughput volumes averaging 2.9 million barrels daily. Operating income at the Renewable Diesel segment came in at $205 million vs. $149 million in the prior year, with sales volumes averaging 3.0 mi  ( 38 min )

Caterpillar Inc (NYSE: CAT) reported first-quarter FY23 adjusted earnings of $4.91 per share, compared to $2.88 a year ago, beating the consensus of $3.78. Revenues for the quarter rose 17% year-over-year to $15.9 billion, beating the consensus estimate of $15.25 billion. The increase was due to favorable price realization and higher sales volume, partially offset by unfavorable currency impacts primarily related to the euro, Japanese yen, and Australian dollar. Adjusted operating profit margin  ( 38 min )

Self-driving-technology firm Mobileye reported strong first-quarter earnings. But its disappointing outlook was a problem.  ( 23 min )

Amazon (AMZN) will report its Q1 2023 earnings Thursday after market close.  ( 39 min )

There’s been a lot of buzz lately about the US potentially heading towards a recession this year. That’s a serious issue, and it should prompt investors to start getting creative in portfolio allocation. One idea is to take advantage of growth-oriented sectors – and to start thinking globally for where to find them. Banking giant Goldman Sachs has done much of the footwork, and the firm’s chief US equity strategist David Kostin has pointed out that China’s pullback from the zero-COVID lockdown p  ( 43 min )

(Bloomberg) -- US economic growth slowed in the first quarter by more than expected as tepid business investment and a pullback in inventories tempered a pickup in consumer spending.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%Netflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces Potential Curb on Borrowing From FedQuants Are ‘Out of Ammo’ for Buying Stocks, Goldma  ( 39 min )

The banks that provided First Republic with a $30 billion infusion in March are not yet coming to the lender's aid a second time around.  ( 40 min )

Is there a point at which I should stop reinvesting stock dividends and invest the money or save the cash? -Anonymous Many financial experts recommend that you reinvest dividends most of the time – and I'm inclined to agree. The … Continue reading → The post Ask an Advisor: Should I Stop Reinvesting Dividends? appeared first on SmartAsset Blog.  ( 39 min )

Households that make over $200,000 annually comprise just a sliver of all tax returns that are filed in a given year, but their movement between states can have a significant financial impact. When a state loses more high-earning tax filers … Continue reading → The post Where High-Earning Households Are Moving – 2022 Study appeared first on SmartAsset Blog.  ( 40 min )

I turn 58 this year and am at a loss for what to do or how to plan for my retirement. I only have a small amount of money invested through previous employers, and I'm not sure how to save … Continue reading → The post Ask an Advisor: I'm Way Behind on Retirement Savings. What Do I Do? appeared first on SmartAsset Blog.  ( 39 min )

Even people who love their job would most likely agree that its better not to work than to have to clock in every day. With that in mind, many Americans are looking to retire much earlier than the traditional age. … Continue reading → The post Can I Retire at 45 With $10 Million? appeared first on SmartAsset Blog.  ( 41 min )

Bills for utilities, mortgages, auto loans and similar expenses usually arrive monthly, while many investments generate income only quarterly, annually or even less often. However, there are a number of assets that pay income on a monthly basis. Options include … Continue reading → The post 8 Best Investments to Generate Monthly Income appeared first on SmartAsset Blog.  ( 40 min )

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The sell-off in Tesla post earnings has gained steam.  ( 39 min )

Crocs Inc. beat expectations in the first quarter.  ( 39 min )

The self-driving technology company reported adjusted earnings per share of 14 cents. Wall Street was looking for 12 cents. But its outlook is the problem.  ( 23 min )

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STMicroelectronics NV (NYSE: STM) reported first-quarter FY23 revenue growth of 19.8% year-on-year to $4.25 billion, beating the consensus of $4.13 billion. Sales to OEMs increased by 17.5% Y/Y, and Distribution sales improved by 24.0% Y/Y. Automotive and Discrete Group (ADG) revenue rose 43.9% Y/Y to $1.81 billion. Analog, MEMS, and Sensors Group (AMS) revenue changed by (0.9)% Y/Y to $1.07 billion. Microcontrollers and Digital ICs Group (MDG) revenue grew 13.2% Y/Y to $1.37 billion. Margins: T  ( 38 min )

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Southwest Airlines reported another loss in the first quarter, trying to shake off a brutal holiday period that saw the U.S.’s second largest airline suffer a massive operations letdown.  ( 39 min )

Southwest Airlines reported another loss in the first quarter, trying to shake off a brutal holiday period that saw the U.S.’s second largest airline suffer a massive operations letdown.  ( 39 min )

The carrier's second-quarter earnings guidance comes in above analysts' expectations at it flags strong international travel demand.  ( 22 min )

The maker of Marlboro cigarettes posts adjusted earnings of $1.18 a share for its first quarter, matching analysts' expectations.  ( 22 min )

“Every night I ask myself why all countries have to base their trade on the dollar,” the Brazilian President, Luiz Inacio Lula da Silva, said on a recent visit to China.  ( 41 min )

Honeywell reports first-quarter earnings per share of $2.07 from $8.9 billion in sales. Wall Street was looking for earnings of $1.93 a share on sales of $8.5 billion.  ( 23 min )

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Meta Platforms, the parent company of Facebook, reports better-than-expected first-quarter earnings and revenue, First Republic shares rise after two days of sharp losses, Roku posts a narrower-than-expected quarterly loss, and Amazon is scheduled to report earnings after markets close Thursday.  ( 23 min )

Some banks may be benefiting from the flight of First Republic’s investors and depositors.  ( 22 min )

350 California Street was worth $300 million four years ago. It might sell for 80% less now, brokers say, in a market where office vacancy rates have soared.  ( 22 min )

CEO Andy Jassy has said the company is facing one of its toughest challenges in recent memory as layoffs of 9,000 workers are set to be completed this month.  ( 27 min )

(Bloomberg) -- The hedge fund that beat 99% of peers last year with a bearish stance on emerging markets says the selloff since February has proven its skepticism right and risky assets will face even bigger losses later this year.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%Netflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces Potential Curb on Borrowing From FedQ  ( 40 min )

(Bloomberg) -- Confidence is in short supply among Chinese investors these days, confounding analysts who say reasons to own the market are finally coming true. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%Netflix Spain Lost 1 Million Users Last Quarter, Kantar SaysQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Faces Potential Curb on Borrowing From FedThe MSCI China  ( 40 min )

Deutsche Bank said its business held up well during March’s banking turmoil, with first-quarter profit rising 8% as it continued to benefit from rising interest rates.  ( 26 min )

The chip maker will release first-quarter results after the market closes Thursday. Its shares have slid 36% in the past year.  ( 23 min )

The parent company of social media platform Snapchat has struggled recently, but one analyst team sees sunnier skies ahead.  ( 23 min )

Bitcoin rose above US$29,000 on Thursday morning in Asia, rebounding from an earlier drop. Ether gained. Other top 10 non-stablecoin tokens traded mixed.  ( 40 min )

(Bloomberg) -- The fate of First Republic Bank has become a game of chicken between the US government and the lender’s largest rivals, with both sides seeking to avoid steep losses and hoping the other will save the troubled firm. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces Potential Curb on Borrowing From FedXi Speak  ( 41 min )

In Meta's Q1 earnings call, CEO Mark Zuckerberg fights back against claims the company is abandoning the metaverse.  ( 40 min )

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Goldman Sachs has advised investors to buy energy and mining stocks, saying the two sectors are positioned to benefit from economic growth in China  ( 41 min )

An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 24 min )

You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 17 min )

America's largest crypto exchange claims the Securities and Exchange Commission (SEC) is pressuring it to overhaul its entire customer-facing operation.  ( 17 min )

Southwest (LUV) shares dropped after first quarter results revealed a lingering impact from the airline's messy holiday season.  ( 16 min )

U.S. equities skyrocketed on April 27, 2023, as strong earnings from Meta Platforms (META) boosted optimism in the tech sector.  ( 16 min )

Amazon (AMZN) shares jumped over 6% in after hours trading following strong Q1 earnings beat driven by North American e-commerce and cloud revenue.  ( 18 min )

Going back to school as an adult requires careful financial planning. Here's how to pay for it.  ( 26 min )

Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.  ( 36 min )

Prepaid college tuition plans allow you to pay tomorrow's tuition at today's rates. Find out how they work and which states still offer them.  ( 25 min )

The Consumer Price Index For All Urban Consumers measures monthly change in U.S. consumer prices.  ( 23 min )

A consumer credit file contains data about a consumer’s past borrowing and repayment history, and is used to determine their credit score.  ( 19 min )

WeWork Companies Inc. operates as an office-space leasing company that offers flexible workspaces worldwide.  ( 20 min )

Signed contracts for sales of existing homes dropped 5.2% through March.  ( 17 min )

A convention statement is a document filed by an insurance or reinsurance company that serves as its annual financial statement.  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )

Banks are growing more tight-fisted with their loans to businesses, a warning sign that millions of workers could lose their jobs in the coming months.  ( 16 min )

The Consumer Price Index (CPI) measures change over time in the prices paid by consumers for a representative basket of goods and services.  ( 32 min )

Find out how the Kohl's credit card works and how shoppers can generate bigger savings throughout the year as a Kohl's cardholder.  ( 23 min )

The Greeks, in the financial markets, are the variables used to assess risk in the options market. A Greek symbol is assigned to each risk.  ( 26 min )

The producer price index is a monthly measure of change in the prices received by domestic producers.  ( 25 min )

Bank guarantees reduce the loss if a transaction doesn't go as planned, while letters of credit ensure that the transaction proceeds as planned.  ( 23 min )

Meta Platforms (META) is the best-performing stock in the S&P 500 as the social media giant beat quarterly estimates in almost every key financial metric and gave strong guidance.  ( 16 min )

See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )

Many costs of a reverse mortgage are hidden. Learn what you need to know about fees, interest rates, and other costs associated with reverse mortgages.  ( 21 min )

If you own your home and need additional income, you might be able to qualify for a reverse mortgage. Learn what it takes to get a reverse mortgage.  ( 22 min )

Wondering how to finance a vacation home? This article covers everything you need to know about securing a mortgage and making the most of your investment.  ( 19 min )

With Électricité de France SA in the top spot, these are the 10 biggest utility companies by revenue  ( 22 min )

Studies have found disparate rejection rates for loans by race in the mortgage market and inequality in home equity.  ( 24 min )

You can look at your 401(k) portfolio to see what stocks, funds, and bonds you're investing in. Some may be environmentally-friendly, green investments, but others may invest in things like fossil fuels.  ( 22 min )

U.S. economic output grew at a slower pace in the first quarter, adding to signs that higher interest rates are dragging the economy toward a recession.  ( 18 min )

If you own a boat, insurance can protect you against damages that result on and off the water. We look at monthly boat insurance costs by state and ways to save.  ( 23 min )

Newsletter to learn financial terms and their relevance to today's investing news.  ( 10 min )

Trending topics of the month for educators, with useful material to share with students and use in lessons.  ( 10 min )

Mortgage rate movement was a mixed bag, with most averages showing just minimal changes. The 30-year average rose slightly, while the 15-year average registered a fifth day of decline.  ( 19 min )

Shares of Facebook parent Meta Platforms jumped after posting its first increase in sales in nearly a year. Here’s what investors need to know today.  ( 17 min )

The Energy Information Administration predicting a 35% jump in EV demand in 2023 after another record year, with an impact in oil demand.  ( 16 min )

Homes in New York’s Hamptons have never been more expensive—because they’ve rarely been this tough to come by.  ( 16 min )

A personal identification number (PIN) is a numerical code used in many electronic financial transactions, providing additional account security.  ( 23 min )

Reizigers konden donderdagmiddag urenlang geen treinkaartje kopen via ns.nl of de NS-app. Het systeem kampte sinds 13.30 uur met een storing. Iets na 17.00 uur was de storing voorbij.  ( 3 min )

Op het eiland Gough in de Zuidelijke Atlantische Oceaan is een vacature vrijgekomen voor vogelliefhebbers. De vacature is niet voor iedereen weggelegd: Gough staat te boek als een van de meest afgelegen eilanden ter wereld.  ( 3 min )

Bouwbedrijf Strukton en ingenieursbureau Oranjewoud willen dat topman Gerard Sanderink permanent geschorst wordt als bestuursvoorzitter. In maart werd al gekozen voor een tijdelijke schorsing van drie maanden.  ( 3 min )

In België zijn de prijzen in april 5,6 procent hoger dan een jaar eerder. Dat is een een lager inflatiecijfer dan in februari en maart. Wel blijven de prijzen van voedingsmiddelen nog hard stijgen bij onze zuiderburen.  ( 3 min )

Bouwbedrijf Strukton en ingenieursbureau Oranjewoud willen dat oprichter Gerard Sanderink permanent geschorst wordt als bestuursvoorzitter. In maart werd al gekozen voor een tijdelijke schorsing van drie maanden.  ( 3 min )

Transavia heeft voor vrijdag en zaterdag vluchten van en naar Eindhoven Airport en Rotterdam The Hague Airport geannuleerd. Daardoor zijn enkele duizenden passagiers gedupeerd. De luchtvaartmaatschappij zegt te weinig vliegtuigen klaar te hebben.  ( 3 min )

Speelgoedmaker Hasbro heeft zijn omzet het afgelopen kwartaal zien kelderen. Het bedrijf achter Monopoly, Peppa Pig en My Little Pony laat daarom minstens duizend medewerkers vertrekken.  ( 3 min )

Na de bestuursvoorzitter en de commercieel bestuurder vertrekt ook de financieel topvrouw van Plopsaland. Het bestuur van het Belgische pretparkbedrijf kwam in opspraak na berichten over grensoverschrijdend gedrag en een toxische werksfeer.  ( 3 min )

Na een onrustig najaar heeft het Zweedse bedrijf Vattenfall weer een hogere winst geboekt. In de eerste drie maanden van het jaar hield de energieleverancier 11,8 miljard Zweedse kronen (ongeveer 1 miljard euro) over. Dat is bijna een verdubbeling ten opzichte van een jaar eerder.  ( 3 min )

Twitter moet zich opmaken voor een zware tijd zodra nieuwe Europese regels voor sociale media ingaan. Dat zegt Eurocommissaris Vera Jourová. Ze beklaagt zich over de Russische propaganda op het platform en waarschuwt dat de Europese Unie daarvoor later dit jaar geen ruimte meer laat.  ( 3 min )

Nederlandse bedrijven hebben in de eerste drie maanden van het jaar veel meer bestelbussen en trucks gekocht. Ze registreerden maar liefst 20 procent meer nieuwe bedrijfswagens dan een jaar eerder. Dat komt vooral doordat de leveringsproblemen door chiptekorten voorbij zijn.  ( 3 min )

Unilever verkocht in de eerste maanden van 2023 iets minder producten, maar door flinke prijsverhogingen kwam er toch meer geld binnen. Het bedrijf achter Dove, Magnum, Calvé en De Vegetarische Slager verhoogde de prijzen begin dit jaar met 10,7 procent.  ( 3 min )

Of je nu voor of tegen het koningshuis bent, Koningsdag vieren we (bijna) allemaal. Voor koning Willem-Alexander is de feestdag nu tien jaar een vast onderdeel van zijn agenda. En daar kunnen we allemaal in kijken, net als in zijn inkomsten en uitgaven.  ( 5 min )

Ondanks de hoge inflatie hoeven we ons geen zorgen te maken over hoge prijzen op de vrijmarkt. "Op Koningsdag werken we met ronde prijzen. Een keertje grabbelen verhoog je daarom niet zo snel met een paar centen."  ( 3 min )

U.S. equities were mixed on April 26, 2023, as strong tech earnings were offset by concerns about banks and a possible recession.  ( 1 min )

Microsoft and Alphabet shares surged after beating analyst estimates for earnings and revenue. Here’s what investors need to know today.  ( 1 min )

U.S. equities tumbled on April 25, 2023, as a report from First Republic (FRC) renewed concerns about the strength of the banking sector.  ( 1 min )

First Republic Bank shares declined after the bank's deposits fell by 40% and UBS profits sank in the first quarter as it prepares to take over Credit Suisse. Here’s what investors need to know today.  ( 1 min )

ActiveX is software that allows applications to share information with one another, regardless of what programming language they're written in.  ( 18 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 19 min )

Travel insurance helps cover financial losses associated with illness, injury, accidents, flight or other transportation delays, and other issues that happen during a trip.  ( 25 min )

An account inquiry is a review of an individual's credit or deposit accounts. It often occurs in connection with a loan application but can also be used for other purposes.  ( 21 min )

Buy now, pay later plans make it easy and convenient to pay for purchases. Learn how BNPL can affect your credit score.  ( 25 min )

U.S. equities were mixed on April 26, 2023, as strong tech earnings were offset by concerns about banks and a possible recession.  ( 16 min )

Credit quality can refer to individuals or entities such as bonds, companies, and governments. Credit scores and credit ratings are measures of credit quality.  ( 21 min )

Credit reports and investigative consumer reports sound similar, but they contain different information about people and are used for different purposes.  ( 22 min )

Debt relief involves the reorganization of a borrower's debts to make them easier to repay. It can also give creditors a chance to recoup at least a portion of what they are owed.  ( 23 min )

First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.  ( 17 min )

Weekly premium Insurance is a type of financial protection where the payments that the insured makes in return for coverage are paid weekly.  ( 18 min )

Find out which credit cards now reward you for your gasoline purchases.  ( 22 min )

An automatic stay is a legal provision that temporarily prevents creditors from trying to collect money or seize property from debtors in bankruptcy.  ( 22 min )

It's possible to get cash back or other rewards by using a credit card to pay your student loan debt. Here's how it works and whether it's worth it.  ( 25 min )

The maximum loan-to-value ratio is the largest allowable ratio of a loan's size to the dollar value of the property that serves as collateral. It can vary depending on the loan program.  ( 24 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 16 min )

The Bankruptcy Abuse Prevention and Consumer Protection Act BAPCPA is a 2005 law meant to reform the bankruptcy system in the United States.  ( 23 min )

Interactive Brokers and TD Ameritrade have plenty of tools for advanced traders, but it's easier to get started at TD.  ( 27 min )

Joint tenants with right of survivorship (JTWROS) is a type of property ownership giving co-owners survivorship rights upon another property owner’s death.  ( 26 min )

The 2023 Social Security Trustees Report shows there is a little more time left to address the system's funding shortfalls.  ( 27 min )

Credit rating agencies assess the creditworthiness of companies and governments and the debt they issue, while credit bureaus provide credit information on individual consumers.  ( 22 min )

A limited recourse debt is a loan or other debt that gives the creditor certain specific claims on the borrower's assets in the event of default.  ( 22 min )

The debit balance in a margin account is the amount that an investor owes their broker for money they borrowed from the broker to purchase securities on margin.  ( 23 min )

Refinancing risk is the possibility that a borrower will not be able to replace existing debt with suitable new debt when they need to.  ( 21 min )

Understanding how each kind of business insurance works can help you determine which coverage options can help protect your business.  ( 24 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 17 min )

What do lenders consider most important when they look at your credit report? And what other information will they want you to provide?  ( 27 min )

Credit locks are an easy way to safeguard your credit information. Learn how a credit lock works and how to use one to protect your credit reports and your identity.  ( 22 min )

Read about the taxes due on interest income on personal savings accounts, how the tax is calculated, and how to report the interest to the IRS.  ( 22 min )

SWIFT is the global standard for payment and securities trade transactions  ( 25 min )

All non-jumbo mortgage averages dipped lower for a fourth consecutive day, while every jumbo rate average marked time.  ( 18 min )

Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to proof of work and mining pools.  ( 29 min )

Mastercard will likely report a small pullback in profits as gross dollar volume (GDV) from purchases grew at a slower pace, as inflation deterred consumer spending.  ( 17 min )

The debt limit could be raised, the government could run out of money and break the economy, or Biden could defy Congress  ( 19 min )

U.K. regulator blocked Microsoft’s (MSFT) $69 billion acquisition of Activision Blizzard (ATVI) on Wednesday, hobbling the tech giant’s ambitions in the fast-growing European gaming market.  ( 17 min )

Investopedia reviews Questrade, a broker providing Canadians with an alternative to trading and investing with the big banks.  ( 23 min )

Errors and omissions insurance (E&O) is a type of professional liability insurance that protects against claims of inadequate work or negligent actions.  ( 25 min )

Form 1099-PATR, Taxable Distributions Received From Cooperatives is used to report distributions received from a cooperative that may have to be included in your taxable income.  ( 23 min )

You can buy I bonds through April 27 and score an attractive interest rate of 6.89%. But depending on your timeline and predictions about inflation, a CD may be the smarter bet.  ( 19 min )

Crops woes, production shortage and supply limitations have placed upward pressure on food prices, complicating matters for global central banks.  ( 21 min )

An auto insurance quote is an estimate of how much car insurance will cost you. It spells out the costs and limits of different types of coverage.  ( 25 min )

A floating interest rate is an interest rate that periodically adjusts up or down to reflect economic or financial conditions. It's tied to a benchmark rate or an index.  ( 22 min )

A death cross is a chart pattern that occurs when a security's short-term moving average drops below its longer-term moving average.  ( 23 min )

Opening an investment account is an essential step in investing in commodities. Learn what you need to open an investment account and how to do it.  ( 26 min )

The right financial planning for professional athletes can turn short-term high earnings into a lifetime of steady income. Here's how it's done.  ( 23 min )

Learn how fair market value is determined during a real estate appraisal and why market values are really decided by a professional opinion.  ( 22 min )

A flexible spending account (FSA) is a type of savings account, usually for healthcare expenses, that sets aside pretax funds for later use.  ( 24 min )

A communication industry ETF invests in securities in the communication sector, including telecommunications, media, and internet companies.  ( 21 min )

Learn more about the Irish pound, which was the national money of Ireland until it was replaced by the euro.  ( 20 min )

AbbVie, the maker of the best-selling drug of the 21st century, likely will say earnings plummeted in the first quarter after it lost the exclusive right to market its blockbuster biologic, Humira.  ( 17 min )

A personal loan allows you to borrow money and repay it over time. Here’s what a personal loan is, how it works, and how to use one.  ( 26 min )

A 3-2-1 buydown mortgage offers borrowers a three-year break from high interest rates. However, they must be ready to pay the original rate from the fourth year onward.  ( 22 min )

Microsoft and Alphabet shares surged after beating analyst estimates for earnings and revenue. Here’s what investors need to know today.  ( 18 min )

Rising net interest income boosted earnings at key regional and mid-sized banks in the first quarter. But broad deposit withdrawals portend challenges ahead.  ( 17 min )

Even with lower oil prices versus a year ago, when they surged after Russia's invasion of Ukraine, Exxon Mobil's profit likely gained significantly in the first-quarter of 2023.  ( 18 min )

Business interruption insurance is a form of insurance coverage that replaces business income lost as a result of a business interruption event.  ( 23 min )

Find out how to calculate the equity in your home, your home equity percentage, and the loan-to-value (LTV) based on the current market price.  ( 26 min )

(Bloomberg) -- In 1984, Martin van den Brink, a young Dutch engineer, joined a newly created venture in a quiet corner of the Netherlands. Little did he know then that about 40 years on the company would be so crucial to the $580 billion semiconductor industry that it would be the epicenter of a US-China chip war.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Q  ( 46 min )

(Bloomberg) -- Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield, an architect of the shale boom that made the US an oil powerhouse, will retire for a second time as acquisition talk reaches a fever pitch among North American drillers. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces Potential Curb on B  ( 40 min )

The jobs market remains robust, and after hitting heights not seen during the last 40 years, it looks like inflation is cooling down. At the same time, there are still concerns a recession is on the way while the geopolitical landscape remains uncertain. However, weighing the positives against the negatives, Oppenheimer’s Chief Investment Strategist John Stoltzfus believes the economy’s display of strength spells good news for the stock market. “From our perch on the market radar screen the pote  ( 41 min )

The delivery giant said it would finish setting up new technology in more than 900 U.S. buildings by October, two months earlier than planned.  ( 26 min )

These are some of the stocks moving in after hours on April 26, 2023.  ( 39 min )

The CoinDesk Market Index (CMI), which tracks the performance of the broader crypto market, plummeted 5.6% in an hour.  ( 38 min )

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Pioneer CEO Scott Sheffield, who helped turn the driller into one the largest oil producers in the country, will retire at the end of the year.  ( 26 min )

First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.  ( 16 min )

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If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 39 min )

Chief Commercialization Officer Christopher Boerner will take over after Giovanni Caforio retires, the company said.  ( 34 min )

Expectations for first-quarter sales of its diabetes treatment, Mounjaro, are $433 million.  ( 23 min )

Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading. Meta also reported that the monthly user base of its flagship platform — Facebook — inched close to 3 billion. Meta Platforms Inc. said Wednesday it earned $5.71 billion, or $2.20 per share, in the January-March period.  ( 38 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Here's what you need to know about the anti-dollar movement – and whether it's really a threat to the buck's dominance.  ( 39 min )

Meta Platforms reported revenue and earnings that beat expectations while its expenses continue to come down, sending shares soaring in after hours trading on Wednesday.  ( 39 min )

A new breed of overemployed workers has emerged, turning to artificial intelligence (AI)-powered language models like ChatGPT to handle a significant portion of their job responsibilities. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion "ChatGPT does like 80% of my job," stated one worker, while another, currently holding down four robot-performed jobs, says, "Five would be overkill." As the popularity of AI-powered tools  ( 39 min )

(Bloomberg) -- Oil, whipsawed by volatile equity markets, fell the most since mid-March when a banking crisis battered the commodity, nullifying gains from a surprise production cut by OPEC+. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before S  ( 38 min )

Apple's new high-yield savings account will get customers to stick around longer than a smartwatch.  ( 40 min )

(Bloomberg) -- Wall Street veteran Bob Michele anticipates a flattening of the yield curve to 3% for securities maturing in two through 30 years, a forecast representing a victory over inflation and a loss for the US economy.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces  ( 38 min )

The central bank has returned to pulling money out of the financial system following an interruption resulting from last month's troubles in banking.  ( 23 min )

On May 1, the federal government will change the fees that most borrowers pay as part of buying a new home. The changes will have a counter-intuitive result: many borrowers with lower credit scores paying less in fees when they … Continue reading → The post Outrage Alert: Good Finances Could Hurt Your Mortgage Terms appeared first on SmartAsset Blog.  ( 40 min )

It would be hard to find a buyer or create another rescue plan, but a regulatory seizure would bring its own set of problems.  ( 34 min )

A year ago, Microsoft didn’t mention Bing once on its earnings call. The search engine hasn’t been a big growth driver for Microsoft in the past. That's changing.  ( 40 min )

The stock market looks vulnerable to a correction, one that could be substantial if the economy or earnings go wrong. There's a major caveat, though.  ( 22 min )

When it comes to achieving market-beating returns consistently, few investors have done a better job than Warren Buffett. From 1964 to 2022, his company Berkshire Hathaway (NYSE: BRK-B) delivered an overall gain of 3,787,464%, dwarfing the S&P 500’s 24,708% return during the same period. Buffett’s investment strategy centers around value investing. He found high-quality companies with durable competitive advantages, invested in them when they were trading below their intrinsic value and reaped h  ( 40 min )

Micron Technology, Inc (NASDAQ: MU) shares are trading higher today following reports of a semiconductor plant set up in India and the chipmaker's plans to stop offering cheaper chips from May. The Indian government is close to approving a proposal by Micron to set up an assembly, testing, marking, and packaging (ATMP) facility in the country, involving an investment of about $1 billion. Micron will use the facility to process some of its wafers manufactured globally, Business Standard reports.  ( 38 min )

The analysts found four financial variables that could prompt an activist attack.  ( 41 min )

Downgrades are mounting since Tesla reported disappointing first-quarter earnings on April 19.  ( 22 min )

You can buy I bonds through April 27 and score an attractive interest rate of 6.89%. But depending on your timeline and predictions about inflation, a CD may be the smarter bet.  ( 21 min )

(Bloomberg) -- Amazon.com Inc. has started laying off employees in its cloud services operation amid slowing sales growth in its most profitable division. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before SummitAmazon Web Services personnel in  ( 40 min )

CEO Hans Vestburg said the phone company has mostly finished $10 billion in spending on C-bank spectrum and that it expects to be generating more cash.  ( 22 min )

Activision released financial results a day early after its potential deal with Microsoft was blocked in the U.K. The numbers suggest the company has gained momentum independent of the sale.  ( 23 min )

Bitcoin failed to fulfil one of its purposes last year as a hedge against soaring inflation, but it came into its own recently via another original purpose – as a bet against the legacy banking system. Its decentralized and trustless attributes have made the leading crypto one to hold against a backdrop of multiple bank collapses. In fact, delivering gains of 70% though Q1 made it the quarter’s best performing asset. And it has got plenty more room to run, says Geoff Kendrick, head of crypto res  ( 43 min )

Meta will report its Q1 2023 earnings on Wednesday after market close.  ( 39 min )

(Bloomberg) -- Tesla Inc. shares extended their brutal selloff, pulling the company’s market valuation below the key half-trillion dollar mark as investors increasingly fear its price-cutting plan will eat into profits.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bi  ( 39 min )

CEO Badri Kothandaraman said high interest rates seem to be making solar power less attractive to customers in several states.  ( 23 min )

The retailer's dual-track strategy borrows from approaches used in both Chapter 11 and Chapter 7 filings.  ( 39 min )

American ingenuity has long been the driving force behind the US economy, and few sectors embody this better than biotech. With over 500 biotech firms operating in the US, developing new medical technologies, drug therapies, surgical instruments, and techniques – the list is only limited by imagination. These brilliant vistas come with risks, though, including biotech’s famously high overhead costs, its long lead times to new product introduction, and the burden of regulatory requirements and ap  ( 42 min )

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McDonald's could have had a fatter quarter, but inflation is causing a problem for the fast food chain.  ( 39 min )

Shares in the retailer, which has filed for bankruptcy, will stop trading on Nasdaq on May 3, the company said.  ( 23 min )

Investors cheered better-than-expected results from Microsoft.  ( 39 min )

The San Francisco lender is considering a variety of alternatives to save itself.  ( 42 min )

The San Francisco lender is considering a variety of alternatives to save itself.  ( 41 min )

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GSK plc (NYSE: GSK) reported Q1 FY23 sales of £6.95 billion, down 3% Y/Y on the actual exchange rate and 8% on the constant exchange rate. Turnover excluding COVID-19 solutions reached £6.82 billion, up 16% Y/Y (10% at CER), with solid performance across Vaccines, Specialty, and General Medicines. Key growth drivers included the Shingrix vaccine, meningitis vaccines, HIV medicines, Benlysta in immunology, Nucala, and Trelegy in respiratory, contributing more than 40% of sales. Related: GSK To St  ( 38 min )

In its Q1 earnings release, Illumina Inc (NASDAQ: ILMN) unveiled plans to accelerate margin improvement and create flexibility for further investment in high-growth areas. The company aims to reduce its annualized run rate expenses by more than $100 million starting later this year. Q1 Revenue of $1.09 billion was down 11% Y/Y (down 9% on a constant currency basis), beating the consensus of $1.07 billion. Adjusted EPS of $0.08 declined from $1.07 a year ago, beating the consensus of $0.02. Also  ( 38 min )

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Retiring at age 50 would be a dream for most people, as it would leave you with a few decades of time and, hopefully, health, to enjoy your life. The key to achieving this dream, though, is to put aside … Continue reading → The post Can I Retire at 50 With $1.5 Million? appeared first on SmartAsset Blog.  ( 43 min )

(Bloomberg) -- The US energy patch is ripe for a takeover boom, as oil and gas producers flush with cash turn to dealmaking to find new sites to drill. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before SummitEnergy producers raked in record pr  ( 41 min )

AbbVie, the maker of the best-selling drug of the 21st century, likely will say earnings plummeted in the first quarter after it lost the exclusive right to market its blockbuster biologic, Humira.  ( 17 min )

CEO Badri Kothandaraman said high interest rates seem to be making solar power less attractive to customers in several states.  ( 23 min )

(Bloomberg) -- First Republic Bank shares slumped on a report that advisers have lined up potential buyers of new stock as part of a rescue plan for the beleaguered lender.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitA  ( 38 min )

Downgrades are mounting since Tesla reported disappointing first-quarter earnings on April 19.  ( 22 min )

Boeing reported a mixed Q1 earnings report, beating on top line revenue but missing on profit, but said it would be boosting output of its 737 Max planes despite a recent production issue.  ( 40 min )

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Microsoft plans to appeal the decision by the U.K.'s Competition and Markets Authority to block the company's acquisition of Activision Blizzard.  ( 22 min )

The country’s competition regulator said the deal would hurt competition in the videogaming industry, raising new bar amid FTC and EU scrutiny.  ( 26 min )

Boeing lost $425 million in the first quarter — more than Wall Street expected — plagued by production problems while building passenger planes and it had a write-down for a military tanker. Revenue rose 28% from a year earlier, however, as airlines scooped up new jets to meet rising travel demand. CEO David Calhoun called it “a solid first quarter."  ( 39 min )

The Electric-vehicle start-up said its Ocean SUV has been certified for sale by European regulators. Regional deliveries will start May 5. U.S. Deliveries are to follow.  ( 22 min )

Even with lower oil prices versus a year ago, when they surged after Russia's invasion of Ukraine, Exxon Mobil's profit likely gained significantly in the first-quarter of 2023.  ( 18 min )

Bitcoin and Ether rose on Wednesday trade in Asia, along with all top 10 non-stablecoin cryptocurrencies, with Solana and Cardano leading the way.  ( 39 min )

The electric-vehicles company has been cutting prices to boost sales. Investors may want it to take a different approach.  ( 22 min )

Thermo Fisher's first-quarter adjusted earnings meet analysts' expectations even as Covid-19 testing revenue falls sharply.  ( 23 min )

The Facebook parent is facing weak advertiser demand and privacy headwinds.  ( 25 min )

PacWest shares jumped, others including Western Alliance and Zions were trading higher early on Wednesday.  ( 23 min )

Usually in economic slowdowns, it’s low-income workers who get cut first, but the recent increase in unemployment insurance (UI) claims in the US has been more broad-based.  ( 37 min )

Tech giants Microsoft and Alphabet report better-than-expected earnings, Enphase issues a weak revenue forecast, and PacWest Bancorp says deposits have stabilized.  ( 23 min )

(Bloomberg) -- Netflix Inc. lost more than one million users in Spain in the first three months of 2023 according to market research group Kantar, a sign that the streaming giant’s crackdown on password-sharing could face pushback.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed Bosse  ( 39 min )

(Bloomberg) -- Alibaba Group Holding Ltd. is cutting the cost of its cloud services by as much as half, a move that could win users from rivals such as Tencent Holdings Ltd. at a time it’s considering spinning off the fast-growing Aliyun business.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitAirline Cancels Passengers’ $10,000 Business  ( 40 min )

First Republic's first-quarter earnings show its customers yanked over $100 billion worth of deposits during the recent banking turmoil.  ( 38 min )

Bitcoin rose in Wednesday morning trading in Asia to reclaim the US$28,000 mark, with Ether and all other top 10 non-stablecoin cryptocurrencies moving higher.  ( 40 min )

(Bloomberg) -- A rout in Chinese stocks took a breather as bargain hunters emerged after geopolitical tensions wiped out about $446 billion in value for mainland shares this month. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson’s Fox News Exit E  ( 37 min )

"Bootstrapping" strategies like wholesaling have exploded in popularity, but an investor who owns over 1,250 units shares why they won't work in 2023.  ( 40 min )

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(Bloomberg) -- Alphabet Inc.’s Google and Microsoft Corp., whose quarterly earnings each got a boost from their established search and cloud-computing businesses, used their time with investors to emphasize what’s next: artificial intelligence.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Bu  ( 40 min )

U.K. regulator blocked Microsoft’s (MSFT) $69 billion acquisition of Activision Blizzard (ATVI) on Wednesday, hobbling the tech giant’s ambitions in the fast-growing European gaming market.  ( 1 min )

Het kabinet moet bezuinigen: de rentelasten op staatsleningen zijn gestegen, de asielopvang is duurder geworden en de schade door gasbevingen in Groningen moet afgewikkeld worden. Bijna alle ministeries moeten geld inleveren. Het scholingsbudget STAP komt te vervallen. Daarnaast wordt de gratis kinderopvang met twee jaar uitgesteld tot 2027, omdat het kabinetsplan niet uitvoerbaar is.  ( 6 min )

De energierekening gaat in 2024 waarschijnlijk omhoog doordat netbeheerder TenneT meer kosten heeft gemaakt. Naar verwachting betaalt een gemiddeld huishouden komend jaar ruim vijf tientjes meer aan vaste kosten.  ( 3 min )

Transavia zit zo krap in de vliegtuigen dat het geen garanties meer durft te geven over het doorgaan van vluchten in deze meivakantie.  ( 3 min )

De omgevingsdienst die toezicht houdt op Tata Steel mag een camera blijven richten op het terrein van de staalfabriek. De privacy van medewerkers is niet in het geding door de camera, die in de gaten houdt of er schadelijke uitstoot plaatsvindt.  ( 5 min )

Kappers krijgen er in een jaar tijd in twee stappen 9 procent meer loon bij. Bovendien vallen verplichte scholingsavonden voortaan onder werktijd.  ( 3 min )

Koning Willem-Alexander viert zijn verjaardag donderdag in Rotterdam. Dat gaat zo'n 4 miljoen euro kosten. Het wordt daarmee de duurste Koningsdag ooit. In Maastricht, waar de koning vorig jaar zijn verjaardag vierde, kostte het feest minder dan de helft.  ( 3 min )

Softwarebedrijf Microsoft mag Call of Duty-maker Activison Blizzard niet overnemen. Dat heeft de Britse toezichthouder CMA woensdag besloten. De waakhond is bang dat Microsoft na de overname te veel macht krijgt op de markt voor online games.  ( 3 min )

De energieprijzen in de Europese Unie hebben in de tweede helft van vorig jaar recordniveaus bereikt. De gemiddelde prijs voor elektriciteit ging met ruim 20 procent omhoog. De gasprijs steeg met 46 procent.  ( 3 min )

We trekken morgen op Koningsdag weer massaal naar de vrijmarkt voor koopjes, spelletjes en iets te snaaien. Maar hoe rekenen we tegenwoordig af? Ondanks betaalapps is contant geld nog niet weg te denken.  ( 5 min )

De wereldwijde verkoop van elektrische auto's zal dit jaar tot recordhoogte stijgen, verwacht het Internationaal Energieagentschap (IEA). Veel automobilisten stappen over op elektrische vervoermiddelen, omdat ze af willen van vervuilende brandstoffen als benzine.  ( 4 min )

Meer dan de helft van de AH-supermarkten is op de vierde dag van de staking in distributiecentra goed bevoorraad. Het gaat om filialen die producten krijgen geleverd vanuit Zaandam, Hoorn en Tilburg. Bij de rest van de winkels ontbreken houdbare en verse producten in de schappen.  ( 3 min )

Windows, Xbox en andere apparaten van Microsoft hebben het afgelopen kwartaal bar weinig opgeleverd. De hardwaremarkt heeft het zwaar na de flinke verkopen tijdens de coronajaren. Maar Microsoft kreeg hulp van de aanhoudende vraag naar clouddiensten.  ( 4 min )

Google-moederbedrijf Alphabet voelt de toenemende concurrentie van andere bedrijven op het gebied van video en zoeken. Advertenties leverden Alphabet opnieuw minder op. Toch wist het bedrijf meer omzet te draaien dan analisten hadden verwacht.  ( 4 min )

De wereldwijde verkoop van elektrische auto's zal dit jaar naar recordhoogte stijgen, verwacht het Internationaal Energieagentschap (IEA). Veel automobilisten stappen over op elektrische vervoermiddelen, omdat ze af willen van vervuilende brandstoffen als benzine.  ( 3 min )

Winkeliers hebben in maart ruim 4 procent meer omzet behaald dan in dezelfde maand vorig jaar. De groei is vooral te danken aan de hogere prijzen, aangezien het totale verkoopvolume met 7 procent daalde.  ( 3 min )

Klimaatminister Rob Jetten presenteert woensdag een aanvullend pakket maatregelen om de klimaatdoelen van 2030 te halen. Hij kan kiezen uit een 'menukaart' met vrijwel alleen maar politieke landmijnen. Lukt het dit kabinet nog de klimaatplannen flink aan te scherpen?  ( 6 min )

We zijn sinds corona gewend om een aantal dagen per week thuis te werken. Maar dat kan alleen na overleg. Werknemers kunnen niet zomaar eisen dat ze vanuit huis mogen werken, ook niet waneer de 'Wet werken waar je wilt' wordt ingevoerd.  ( 5 min )

PacWest Bancorp (NYSE: PACW) reported earnings after the close and beat EPS estimates, sending the stock higher. The move comes after the stock traded down more than 8% in Tuesday’s regular session as banking crisis fears crept back into the market following First Republic Bank’s (NYSE: FRC) worrisome earnings call. PACW EPS came in at $0.66 a share, higher than the estimates of $0.61 a share, according to Benzinga Pro. PacWest says total deposits increased $1.1 billion to $28.2 billion on March  ( 39 min )

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Anheuser-Busch InBev has put two marketing executives on leave amid conservative backlash over Bud Light's partnership with transgender influencer Dylan Mulvaney. Here's what you need to know.  ( 40 min )

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Charles Schwab and TD Ameritrade have similar features and product offerings. TD Ameritrade has a small edge over Schwab, though Schwab acquired TD Ameritrade in 2020.  ( 23 min )

Portfolio shifts are a common occurrence for investors, especially active ones. Over time, assets shift out of balance from their original assigned portions and could take you out of your comfort zone. Rebalancing your portfolio realigns your assets to meet … Continue reading → The post Here's How Often You Should Rebalance Your Portfolio, According to Vanguard appeared first on SmartAsset Blog.  ( 39 min )

These are some of the stocks moving in after-hours trade on Tuesday, April 25, 2023.  ( 40 min )

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(Bloomberg) -- Amid resurgent banking angst, rattled stock markets may have to live without a key source of buying power.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesThat’s the warning from Goldma  ( 40 min )

CDs can generate hundreds in interest over the course of a year, as long as you don’t touch your money before your CD matures.  ( 39 min )

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Payment processing giant Visa Inc. said its second-quarter profits jumped 14% from a year earlier on an adjusted basis, as the company continues to benefit from a global increase in credit card and debit card usage. For the past several quarters, Visa's fortunes have been bolstered by a global increase in online payments and usage of credit and debit cards. Visa takes a fee from every transaction processed on its network.  ( 38 min )

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Google parent Alphabet reported first-quarter earnings that surpassed Wall Street's expectations.  ( 23 min )

The disclosure raised new questions about the fate of a San Francisco lender that was at the center of a banking system crisis in March.  ( 40 min )

(Bloomberg) -- The spread between AMC Entertainment Holdings Inc.’s common and preferred shares widened Tuesday after a hearing on the movie-theater’s conversion dispute indicated that a settlement is unlikely in the next two months.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitAirline Cancels Passengers’ $10,000 Business Class Tickets  ( 39 min )

The company has missed Wall Street earnings projections in 13 of the past 16 quarters.  ( 22 min )

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Investors will eagerly await an update on Alphabet's AI plans when the company reports first quarter earnings after the bell on Tuesday.  ( 38 min )

Microsoft beat analysts' Q3 expectations on the top and bottom line.  ( 39 min )

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Managers would rather work with the once-maligned millennial than Gen Z. But they're misunderstanding the youngest generation.  ( 39 min )

A new study conducted by finance professors from the University of Florida shows the potential value of ChatGPT in predicting stock market movements. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion In the study, over 50,000 news headlines about companies dating back to October 2021 were fed to the chatbot, which evaluated whether the news was good, bad or irrelevant to the company's stock prices. Using sentiment analysis,  ( 38 min )

(Bloomberg) -- Bond traders are no longer fully convinced that the Federal Reserve will do one more quarter-point interest-rate hike.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesShort-end market r  ( 38 min )

Bud Light lost both dollar sales and market share after calls to boycott the brand, while Miller Lite and Coors Light both gained, an industry report said.  ( 23 min )

(Bloomberg) -- First Republic Bank is exploring divesting $50 billion to $100 billion of long-dated securities and mortgages as part of a broader rescue plan, according to people with knowledge of the matter.Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Mov  ( 38 min )

Bud Light lost both dollar sales and market share after calls to boycott the brand, while Miller Lite and Coors Light both gained, an industry report said.  ( 23 min )

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Kenvue, Johnson & Johnson's consumer health business, could IPO as soon as this week.  ( 23 min )

Assertio Holdings Inc (NASDAQ: ASRT) will acquire Spectrum Pharmaceuticals Inc (NASDAQ: SPPI) in an all-stock and contingent value rights (CVR) transaction. Under the terms of the agreement, each Spectrum share will be exchanged for a fixed exchange ratio of 0.1783 shares of Assertio common, implying an upfront value of $1.14 per Spectrum share. Additionally, Spectrum stockholders will receive one CVR per Spectrum share, entitling them to receive up to an additional $0.20 per share (approximatel  ( 38 min )

Everyone is talking up the prospect of a recession. Mike Wilson, chief U.S. equity strategist at Morgan Stanley, is chief among them. Wilson warns that the Fed’s current restrictive monetary policy portends downside risks that are not priced in the market – and could even spark a recession on the scale of 2008’s crisis. Wilson sees corporate earnings (which are already down in Q1 of this year) as unlikely to bottom out until the third or fourth quarter. In Wilson’s view, the lag between Fed poli  ( 42 min )

U.S. stock futures were lower on Tuesday as tech conglomerates were set to highlight a busy earnings week.  ( 39 min )

Microsoft stock reports earnings after today's close  ( 38 min )

Ecommerce giant Amazon.com likely turned a profit in the first quarter even as revenues from its Amazon Web Services (AWS) subsidiary grew at the slowest pace in at least a decade amid increased competition from rival cloud providers.  ( 19 min )

Dow Inc (NYSE: DOW) reports first-quarter FY23 sales decline of 22.4% year-over-year to $11.85 billion, beating the consensus of $11.35 billion. Adjusted EPS was $0.58, beating the consensus of $0.36. Volume decreased 11% Y/Y, led by a 15% decline in Europe, the Middle East, Africa, and India (EMEAI). Local price declined 10% Y/Y and 4% sequentially. Operating EBIT fell by 70.7% Y/Y to $708 million, and margin contracted 990 bps compared to 1Q22 to 6%. Packaging & Specialty Plastics sales decrea  ( 38 min )

GM raised its full-year profit outlook for the year and said it would drop the Bolt, as it moves to newer battery technology.  ( 27 min )

Guo Guangchang seems unfazed by the disposals, and they seem to be working — Fosun International's shares have rebounded from a September low.  ( 39 min )

Danaher Corp (NYSE: DHR) has logged Q1 FY23 adjusted EPS of $2.36, down from $2.76 a year ago, surpassing the consensus of $2.25. Sales decreased 7% Y/Y to $7.17 billion, beating the consensus of $7.02 billion, with a 4% non-GAAP core revenue decrease, due to lower COVID-19 revenue and 6.0% non-GAAP base business core revenue growth. Operating cash flow for Q1 FY23 reached $1.9 billion. Non-GAAP free cash flow reached $1.7 billion. Rainer M. Blair, President & CEO, stated, "We had a good start t  ( 38 min )

(Bloomberg) -- First Republic Bank spent decades building its wealth-management franchise into a $290 billion behemoth. Now, that business may become a casualty of the bank’s efforts to save itself. Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Moved Millio  ( 41 min )

Boeing, the world’s second-largest maker of commercial jets, is set to post its best first-quarter results in three years as it reemerges from the gloom of two fatal crashes and Covid-19.  ( 19 min )

Verizon Communications Inc (NYSE: VZ) reported a first-quarter FY23 sales decline of 1.9% year-on-year to $32.9 billion, missing the consensus of $33.6 billion. Adjusted EPS of $1.20 was in line with the consensus. Total wireless service revenue was $18.9 billion, up 3% Y/Y, reflecting the company's ownership of TracFone, premium Unlimited strategy, and pricing actions. Postpaid phone net losses were 127,000, and retail postpaid net additions were 633,000. The quarter marked 437,000 total broadb  ( 38 min )

Comcast on Sunday said former NBCUniversal CEO Jeff Shell would be stepping down immediately following an investigation into inappropriate conduct.  ( 38 min )

Alibaba Group Holding Limited (NYSE: BABA) stock gave up the gains fueled by its ambitious restructuring proposal after it slumped in Hong Kong on Tuesday. Alibaba’s latest drop came as China’s deteriorating geopolitical tension with the U.S. posed a dampener for China’s technology shares, Bloomberg reports. “Overall sentiment on China is low now as geopolitical tensions continue to weigh, and it may be difficult for IPO or spin-off activity to pick up momentum in such an environment,” said Marv  ( 38 min )

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The results come amid growing fears of a US recession ahead. UPS' sales decline follows the broader trend of retail sales in the U.S., which dropped on a monthly basis in both February and March.  ( 39 min )

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Novartis AG (NYSE: NVS) has reported Q1 FY23 core EPS of $1.71 compared to $1.46 a year ago, beating the consensus of $1.55. Net sales were $12.95 billion, up 3% Y/Y or 8% at constant currency (CC), beating the consensus of $12.64 billion. Core operating income was $4.4 billion (+8%, +15% cc). Growth was driven by the strong performance of Entresto, Pluvicto, Kesimpta, Kisqali, and Scemblix. Quarterly revenue from the heart failure drug Entresto jumped 28% to $1.39 billion. Sales from the breast  ( 38 min )

Despite the early recovery seen at the start of the year, following 2022’s resolute bear, a sustained bull rally has failed to materialize since. Weighed down by an uncertain global economic backdrop and the prospect of a recession, market conditions have been volatile, with investors seeking clear signals on the market’s direction. Well, according to Carson Group chief market strategist Ryan Detrick, there are plenty of them flashing brightly right now. In contrast to those predicting rough day  ( 42 min )

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The disclosure raised new questions about the fate of a San Francisco lender that was at the center of a banking system crisis in March.  ( 40 min )

(Bloomberg) -- Oil fluctuated as uncertainty about the strength of demand and the direction of the global economy blunted recent supply-driven gains.Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Moved Millions From JPMorgan to Signature Months Before Collap  ( 38 min )

Part of retirement planning includes determining how much to save and invest so you can enjoy the type of lifestyle you desire. Setting your savings target by age can be a good way to organize your strategy and gauge how … Continue reading → The post How Much Does the Average 70-Year-Old Have in Savings? appeared first on SmartAsset Blog.  ( 40 min )

Sales tax on large purchases, like a car, is crucial to factor into the price. Depending on where you live and the price of your car, sales tax can cost you thousands of dollars. But did you know there are … Continue reading → The post How to Legally Avoid Paying Sales Tax on a Used Car appeared first on SmartAsset Blog.  ( 40 min )

GM strikes a bullish tone on the pace of its EV production.  ( 39 min )

Advisors often work with high-net-worth clients and are able to understand the expectations wealthy clients have about managing their finances. The good news is that some of those takeaways can be applied to clients who are not high-net-worth individuals. Read … Continue reading → The post 4 Lessons Advisors Can Learn From High-Net-Worth Clients – That Apply to Regular Clients appeared first on SmartAsset Blog.  ( 38 min )

Cathie Wood's ARK Invest has long held ambitious price targets on Tesla stock. Their latest forecast would put Tesla's market value north of $5 trillion.  ( 39 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )

PepsiCo Inc (NASDAQ: PEP) shares are up Tuesday morning following its first-quarter results, which topped the Street view. PEP reported first-quarter FY23 sales growth of 10.2% year-on-year to $17.85 billion, beating the consensus of $17.22 billion. Net revenue from Frito-Lay North America increased 15% Y/Y, Quaker Foods North America rose 9%, and PepsiCo Beverages North America climbed 8%. Latin America sales jumped 21% Y/Y, and Europe sales grew 5%. Gross profit increased 12.4% Y/Y to $9.7 bil  ( 38 min )

Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.  ( 23 min )

First Republic Bank's stock is plunging before the opening bell Tuesday after it said depositors withdrew more than $100 billion during last month’s crisis, with fears swirling that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank. The San Francisco bank said Monday that it was only able to staunch the bleeding after a group of large banks stepped in to save it by depositing $30 billion in uninsured deposits. It said it now plans to sell off assets and restructure its balance sheet, and lay off as much as a quarter of its workforce, which totaled about 7,200 employees at the end of 2022.  ( 38 min )

Western Alliance Bancorp and Zions Bancorp are both down after First Republic reported it had to borrow heavily to cover outflows in the first quarter.  ( 23 min )

The company said it was dropping a number of drug-development initiatives, including two stroke drugs.  ( 23 min )

JetBlue's second quarter and full-year guidance beat analysts' estimates, suggesting robust demand in the months ahead.  ( 22 min )

Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry.  ( 11 min )

Cash flow from a portfolio of apartments isn’t enough to cover the cost of all the debt, a report said.  ( 25 min )

The company  also reported lower income for the quarter ended March 31 compared with the same period a year ago.  ( 25 min )

General Motors reports first-quarter adjusted operating profit of $3.8 billion and earnings of $2.21 a share. Wall Street was looking for operating profit of $3.2 billion, and earnings of $1.72 a share.  ( 23 min )

Bitcoin fell in Tuesday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies. Polygon was the biggest loser followed by Solana.  ( 38 min )

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American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 13 min )

The aerospace parts supplier has a record order backlog amid growing demand driven by global airline travel and defense systems.  ( 22 min )

General Motors reported strong first quarter earnings on Tuesday morning, continuing its strong run of quarterly reports as the largest automaker in the U.S. gears up for a big year of electric vehicle launches.  ( 39 min )

With investor concerns about the US economy continuing to swirl, investors will look for signs on the health of the consumer when McDonald's reports results Tuesday morning.  ( 38 min )

ABB Ltd (NYSE: ABB) reported Q1 2023 revenue of $7.86 billion, up 13% Y/Y and 22% Y/Y on a comparable basis, exceeding the consensus of $7.49 billion. Orders increased by 1% Y/Y to $9.45 billion and grew 9% Y/Y on a comparable basis. Electrification revenue $3.59 billion (+11% Y/Y), Orders $4.14 billion (+1% Y/Y) and Backlog $7.10 billion (+19% Y/Y). Motion revenue $1.94 billion (+23% Y/Y), Orders $2.26 billion (+3% Y/Y) and Backlog $5.10 billion (+18% Y/Y). Process Automation revenue $1.44 bill  ( 38 min )

The company's earnings per share came in at 72 cents, compared with expectations for 67 cents. Revenue was $5.7 billion, against the $5.5 billion expected.  ( 23 min )

The manufacturer’s first-quarter revenue jumped 25% in the aerospace business while orders rose 14%.  ( 25 min )

Javice rushed to pull her funds out of Signature Bank after it was taken over by the FDIC in March.  ( 39 min )

With Gen Z set to take up 25% of the workforce by 2025, could we see firms shifting their working hours later to accommodate young nightowls?  ( 38 min )

Shares of First Republic tumble after deposits at the regional lender sank in the first quarter, United Parcel Service trims its revenue outlook, and earnings reports from Microsoft and Alphabet are coming after Wall Street closes Tuesday.  ( 23 min )

PepsiCo raised its full-year profit guidance after its first quarter earnings beat analysts' expectations, helped by resilient demand and price hikes.  ( 22 min )

Spotify reported earnings before the bell on Tuesday. Here's what to know.  ( 39 min )

A “freight recession” means fewer trucks carrying goods across the country.  ( 28 min )

U.S. stock futures fell early Tuesday as investors awaited a slew of major earnings releases from companies including Alphabet, Microsoft, PepsiCo, and McDonald’s. Futures on the S&P 500 pointed down 0.5% ahead of the open, while Dow futures were 0.4% lower and futures on the technology-heavy Nasda  ( 28 min )

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Western Alliance Bancorp and Zions Bancorp are both down after First Republic reported it had to borrow heavily to cover outflows in the first quarter.  ( 23 min )

(Bloomberg) -- The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired From the NetworkThe e-commerce giant’s stock has erased al  ( 38 min )

“The United States authorities have firmly pointed their guns at crypto,” the investor said in a podcast episode released Saturday.  ( 39 min )

(Bloomberg) -- Losses in Chinese shares dragged down Asia’s equities as investors assessed whether the nation’s reopening story still has room to run amid economic and geopolitical headwinds.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon  ( 40 min )

Bitcoin falls to around $27,300, dropping from more than $30,000 last week as central bank actions add to concerns over declining monetary liquidity.  ( 22 min )

(Bloomberg) -- The rebound in European equities since mid-March has failed to win over strategists, who predict that the sustained campaign of central-bank interest rate hikes will stall the rally. Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Do  ( 40 min )

At least for the quarter ended March, weak PC demand and decelerating cloud growth will overshadow the long-term impact of Microsoft's big AI push.  ( 22 min )

The scientific instruments company makes the devices used by pharmaceutical companies, and stands to come out ahead no matter which drugs are successful.  ( 22 min )

Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.  ( 23 min )

(Bloomberg) -- The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired From the NetworkThe e-commerce giant’s stock has erased al  ( 38 min )

(Bloomberg) -- A selloff in Chinese equities is deepening as traders weigh a barrage of economic and geopolitical risks, with global funds accelerating their exodus.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired Fr  ( 38 min )

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News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

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Microsoft beat expectations for cloud segment growth and Alphabet reporting declining ad revenue.  ( 16 min )

A money order is a certificate, usually issued by governments and banking institutions, that's a safe alternative to cash or a personal check. It works similarly to a check.  ( 24 min )

Charles Schwab and TD Ameritrade have similar features and product offerings. TD Ameritrade has a small edge over Schwab, though Schwab acquired TD Ameritrade in 2020.  ( 23 min )

U.S. equities tumbled on April 25, 2023, as a report from First Republic (FRC) renewed concerns about the strength of the banking sector.  ( 16 min )

Binance.US had agreed to buy the bankrupt lender's assets for $1.3 billion. Voyager said it will directly distribute funds to customers as a part of the Chapter 11 process.  ( 16 min )

Before you hire a financial advisor, you should evaluate your own financial situation and understand the types of advisors that exist. This is how to decide if you need a financial advisor.  ( 29 min )

Home prices rose 2% in February, at a slower pace than the prior month. Some cities, like Miami, Tampa and Atlanta, showed larger increases, while others had declines.  ( 18 min )

Republicans are calling for negotiations, while Democrats denounce “hostage-taking” tactics as debt deadline approaches.  ( 19 min )

Learn the difference between developed and developing countries, along with a list of the status of the 25 top countries by GDP.  ( 45 min )

Snap Inc., which owns social-media app Snapchat, is seen posting a narrower loss and lower Q1 revenue on declining ad spending when it reports first quarter results on Thursday.  ( 17 min )

Southwest Airlines, America's second-largest airline by market capitalization, is expected to report losses narrowed in the first quarter, with the air travel rebound and increased capacity helping offset higher fuel costs.  ( 19 min )

A negotiable instrument, such as a personal check, is a signed document that promises an amount to be paid to a specified person or assignee.  ( 20 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 16 min )

Housing a retirement plan inside a variable annuity contract offers some big advantages, but mostly if the account holder is close to retirement.  ( 28 min )

Full retirement age is the age at which you can receive full Social Security retirement benefits. Your FRA varies depending on the year you were born.  ( 25 min )

A mandatory distribution, or required minimum distribution (RMD), is the minimum amount you must withdraw from certain retirement accounts each year.  ( 22 min )

The excess accumulation penalty is due to the IRS when a retirement account owner fails to withdraw the required minimum amount for the year.  ( 22 min )

Microfinance is a banking service that is provided to low-income individuals who have no other means of gaining financial services.  ( 28 min )

CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 18 min )

If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 20 min )

The South Korean indictment of Terraform Labs co-founder Daniel Shin on Tuesday centers on the rapid collapse of TerraUSD and its sister coin Luna last year.  ( 16 min )

Here's more information about how banks don't need your money to make loans, but they do want it to make those loans more profitable.  ( 22 min )

Before taking out a personal loan, you should pre-qualify with several lenders to find the best possible rates. We’ll show you how to pre-qualify for loans and compare your options.  ( 21 min )

American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 19 min )

Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.  ( 18 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 18 min )

Basic reparations benefits are a type of automobile insurance that provides assistance with medical expenses, lost income, and essential services.  ( 18 min )

Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 19 min )

Ecommerce giant Amazon.com likely turned a profit in the first quarter even as revenues from its Amazon Web Services (AWS) subsidiary grew at the slowest pace in at least a decade amid increased competition from rival cloud providers.  ( 18 min )

Not everyone needs to file annual tax returns. Learn about the requirements that determine whether or not you must file tax returns each year.  ( 23 min )

Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 19 min )

The IRS required beginning date is the date individuals with retirement plans must begin taking required minimum distributions from their accounts.  ( 22 min )

Buying a new car is a big decision. Follow our step-by-step guide to ensure you get the best deal possible when you are ready to start the process.  ( 20 min )

The Monthly Treasury Average (MTA) is an interest index used to set the interest rate for some adjustable-rate mortgages (ARMs).  ( 19 min )

The money market yield is the interest rate earned by investing in securities with high liquidity and maturities of less than one year.  ( 21 min )

A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 18 min )

Most mortgage averages moved just a basis point or two, or were flat entirely. The 30-year average dipped further below the 7% threshold it breached last week.  ( 19 min )

Boeing, the world’s second-largest maker of commercial jets, is set to post its best first-quarter results in three years as it reemerges from the gloom of two fatal crashes and Covid-19.  ( 18 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 18 min )

Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 18 min )

Putting your finances in order should be one of your top priorities before traveling out of the country.  ( 14 min )

Many airlines offer both refundable and non-refundable tickets. Here are some examples of prices for refundable airline fares for five U.S. airlines.  ( 16 min )

Money market accounts can be helpful spots for investors to park their money. Here are five key things to keep in mind when opening an account.  ( 16 min )

First Republic Bank shares declined after the bank's deposits fell by 40% and UBS profits sank in the first quarter as it prepares to take over Credit Suisse. Here’s what investors need to know today.  ( 11 min )

Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry.  ( 11 min )

Prepaid cards may be used to both pay bills—either as a one-time transaction or recurring transaction—and transfer money to other cards of the same brand. Learn more here.  ( 15 min )

American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 11 min )

Even if you rarely fly, you can pile up points that are good for travel or other rewards.  ( 17 min )

With most mortgages, the amount of interest on a loan will get smaller as the principal balance is paid off.  ( 17 min )

Here’s a look at the General Data Protection Regulation (GDPR) that will take effect on May 25  ( 15 min )

Tim Berners-Lee voiced his disappointment at what the web has become and said action must be taken to restore its core values.  ( 12 min )

You suddenly need money for an unexpected expense or life event. What are the most effective and responsible ways to get it? Here are answers.  ( 20 min )

Discover all the reasons ETFs typically have lower fees than mutual funds, including their passive management and the absence of load and 12b-1 fees.  ( 14 min )

De Nederlandse economie koelt af en dat is terug te zien op de arbeidsmarkt. Het aantal openstaande vacatures is in maart licht afgenomen tot 380.000, een daling van 5 procent ten opzichte van dezelfde maand vorig jaar. Het aantal nieuwe vacatures daalde zelfs met 10 procent.  ( 4 min )

Welk brood is het gezondst en welke pizza is de beste keuze? Vanaf 2024 kun je in de supermarkt vaker producten vergelijken via de dan officieel geldende Nutri-Score. Die toont in een oogopslag of je een gezonde keuze maakt.  ( 4 min )

Welk brood is het gezondst en welke pizza is de beste keuze? Vanaf 2024 kun je in de supermarkt vaker producten vergelijken via de dan officieel geldende Nutri-Score. Die toont in een oogopslag of je een gezonde keuze maakt.  ( 4 min )

Vakbonden willen langer doorgaan met stakingen bij Albert Heijn. Aanvankelijk zou woensdag de laatste actiedag zijn, maar FNV en CNV zeggen dat ze doorgaan tot het niet meer nodig is. Of dit tot meer lege schappen leidt, is nog niet duidelijk.  ( 4 min )

Naast Barbies met allerlei etnische achtergronden maakt speelgoedfabrikant Mattel nu ook een pop met het syndroom van Down. Het bedrijf wil hiermee stigmatisering tegengaan en kinderen empathie bijbrengen.  ( 3 min )

Google, Amazon, Meta, Microsoft en andere grote techbedrijven vallen vanaf augustus onder de Europese Digital Service Act (DSA). Dat meldt Eurocommissaris Thierry Breton dinsdag. De wet moet ervoor zorgen dat inwoners van de Europese Unie online beter zijn beschermd.  ( 3 min )

Rusland wil de graandeal met Oekraïne niet meer verlengen. De huidige deal, die ervoor zorgt dat Oekraïne ondanks de oorlog graan kan verschepen over de Zwarte Zee, loopt op 18 mei af. Oekraïne wil dat er meer druk op Rusland wordt gezet.  ( 4 min )

Spotify heeft het aantal luisteraars flink zien groeien in het eerste kwartaal van dit jaar. Wereldwijd maken 515 miljoen mensen maandelijks gebruik van de muziekdienst. Toch wist het bedrijf geen winst te maken. Het verlies kwam uit op 156 miljoen euro.  ( 3 min )

De zuidelijke supermarktketen Jan Linders verdwijnt uit het straatbeeld. Tien winkels van de keten gaan over naar Jumbo, Plus en ALDI. Eerder werd al bekend dat de overige Jan Linders-supermarkten dit jaar omgebouwd worden tot Albert Heijn.  ( 3 min )

Uitzender Randstad gaat zich actief inzetten om de krapte op de arbeidsmarkt tegen te gaan. Zo werkt het bedrijf momenteel aan een masterplan om de tekorten in de kinderopvang op te lossen. In de sector staan momenteel zevenduizend vacatures open.  ( 4 min )

Het aantal ziekmeldingen in de zorg neemt af. Met name onder jongeren is het verzuim in de eerste drie maanden van dit jaar hard gedaald.  ( 3 min )

Holland Casino heeft vorig jaar weer winst gemaakt. Toch is het bedrijf na twee lastige coronajaren nog niet terug op het oude niveau. De bezoekersaantallen vallen nog tegen.  ( 3 min )

ING, ABN AMRO en Rabobank brengen het online betaalsysteem iDEAL onder bij het Europese samenwerkingsverband van banken EPI. Voor wie in Nederland online shopt, verandert in ieder geval de komende jaren niets, belooft initiatiefnemer ING.  ( 3 min )

Controleer in de supermarkt altijd je kassabon, want bij drie grote ketens klopt die regelmatig niet. Nog altijd staan op de bonnen vaak andere prijzen dan op het schap, concludeert de Consumentenbond.  ( 3 min )

De effecten van acties in de distributiecentra van Albert Heijn zijn vooral zichtbaar in de circa honderd supermarkten in het noordoosten van het land. Dat laat een woordvoerder van de supermarktketen aan NU.nl weten.  ( 3 min )

Huishoudens die hun energieaansluiting delen met buren kunnen na lang wachten compensatie krijgen voor de hoge prijzen van gas en elektriciteit. Het loket voor het aanvragen van energiesteun voor huishoudens met zo'n warmte- of elektriciteitsaansluiting (blokaansluiting) is vanaf vandaag geopend.  ( 3 min )

Huishoudens die hun energieaansluiting delen met buren kunnen na lang wachten compensatie krijgen voor de hoge prijzen van gas en elektriciteit. Het loket voor het aanvragen van energiesteun voor huishoudens met een blokaansluiting wordt dinsdag geopend.  ( 3 min )

Ruim een jaar na invoering van sancties tegen Rusland is in Nederland voor 644 miljoen euro aan tegoeden uit het land bevroren. Ook zijn er twee schepen en vijf vliegtuigen waar Russen niet meer bij kunnen. De oogst bij vastgoed valt tegen.  ( 5 min )

Shares of Getty Images (GETY), the provider of stock photos, jumped 31% on April 24, 2023, following news of a buyout bid by Trillium Capital.  ( 1 min )

Bed Bath & Beyond filed for bankruptcy after failing in its turnaround efforts and Big Tech companies like Alphabet, Microsoft and Amazon will highlight earnings reports this week. Here’s what investors need to know today.  ( 1 min )

U.S. equities were mixed and little changed on April 24, 2023, ahead of key tech earnings reports being released in the week.  ( 1 min )

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Google parent Alphabet on Friday disclosed in an SEC filing how much compensation it gave CEO Sundar Pichai for the prior year — approximately $226 million.  ( 38 min )

Troubled regional lender First Republic Bank announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in Q1 2023.  ( 11 min )

The bank can survive, but it can’t thrive for the foreseeable future because of the costs of its rescue.  ( 26 min )

Amid Dylanm Mulvaney controversy, Bud Light's dollar share value loses almost the same amount as Coors Light and Miller Lite's dollar share gain in latest week.  ( 37 min )

Earnings season is now in full swing, and expectations are that the Q1 readout will turn out to be the second year-over-year quarterly decline in a row for S&P 500 firms. As such, BMO’s chief investment strategist Brian Belski points out that many investors are “worried that an earnings recession will significantly hinder market performance in the months ahead and inevitably translate into an economic recession later this year.” However, according to Belski, such conclusions are “not necessarily  ( 41 min )

(Bloomberg) -- Bed Bath & Beyond Inc. won permission Monday to tap $40 million, money the retailer said it needs to cover payroll for its roughly 14,000 employees and buy management time to try and locate a buyer in Chapter 11 bankruptcy to rescue some or all of its stores.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementFour Reasons Why Investors Expect US Dollar to Keep SlidingBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is U  ( 39 min )

Data analyzed by Reuters showed that Russia overtook Iraq for the first time and pushed Saudi Arabia to the number three spot in India's oil market.  ( 38 min )

There is a fight for consumers among the big three telecom firms after they saw record growth during social distancing.  ( 22 min )

Stocks moving after hours: First Republic Bank, Whirlpool, Cleveland-Cliffs  ( 38 min )

MKT Capital Ltd, a shareholder with a 4.2% stake in Aurinia Pharmaceuticals Inc (NASDAQ: AUPH), has issued a letter to Aurinia shareholders with plans to withhold support for three directors at the 2023 annual meeting. In the letter, MKT Capital explains why Aurinia could fetch $28/share in a sale and why shareholders should withhold votes on Chairman Milne, CEO Greenleaf, and Compensation Chair Hagan. The Board has diluted shareholders and awarded outsized compensation packages to management in  ( 38 min )

A group of Tesla investors asked CEO Elon Musk for more commitment to the electric vehicle (EV) company in an open letter published last week, specifically requesting that he spend less time posting “derogatory tweets.” The letter also urged Musk to address accusations of a toxic work environment at Tesla and concerns about future profitability.  ( 39 min )

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Meta is likely to say that net income for the first quarter declined 28% on lower advertising revenues as the company braces for another round of significant layoffs in May.  ( 12 min )

The San Francisco lender is under scrutiny by uninsured depositors across the banking system.  ( 26 min )

Activist investor Ryan Cohen made about $68 million on Bed Bath & Beyond, while college student Jake Freeman cashed out a roughly $110 million profit.  ( 38 min )

Main Street Research’s CIO believes stocks are in “the last phase of the bear market” and investors should buy companies with Warren Buffett–style “moats.”  ( 38 min )

(Bloomberg) -- First Republic Bank saw deposits plummet $72 billion in the first three months of the year as the California lender was engulfed in the regional-banking crisis that led to the collapse of three of its peers.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementFour Reasons Why Investors Expect US Dollar to Keep SlidingBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingHedge Funds Place Biggest Ever Short on Ben  ( 38 min )

The bank said it will cut head count by as much as 25% and slash executive pay as it restructures its balance sheet.  ( 26 min )

BNP Paribas Exane analyst Stefan Slowinski lowered his rating on the shares, warning that there are lower lows ahead for the Azure cloud business.  ( 22 min )

Two execs are on leave after a collaboration with transgender TikToker ignited boycott calls, the Wall Street Journal reported.  ( 39 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

The San Francisco lender was at the center of a banking system crisis in March.  ( 41 min )

The San Francisco lender was at the center of a banking system crisis in March.  ( 38 min )

A busy day for corporate earnings on Tuesday will be highlighted by Microsoft's latest report, expected to offer new updates on the company's AI initiatives.  ( 39 min )

A single deal with Elon Musk's Tesla Inc. propelled a little-known family to a staggering $1.2 billion fortune. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry L&F Co. Ltd., a South Korean company that produces high-nickel cathodes for electric vehicle batteries, received a $2.9 billion order from the electric car maker, causing its share price to soar 82% in the past year. As a result, the listed holdings of Hur Jae-hong and his family, the owners of L&F, have surged t  ( 39 min )

ChatGPT, the powerful artificial intelligence (AI) tool from OpenAI, presents unparalleled risk and opportunity. It puts some jobs at risk of elimination but also can enhance a person’s skill set so they become more valuable to an employer. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry The trick for people who want to get the most out of ChatGPT — and ideally keep their jobs or find a new one — is to learn the best ways to prompt ChatGPT and other AI tools to produce  ( 38 min )

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Yet another long-term HODLer has decided to move their secret stash.  ( 37 min )

Investors will eagerly await an update on Alphabet's AI plans when the company reports first quarter earnings after the bell on Tuesday.  ( 39 min )

Carrier Global is in advanced talks to acquire the German industrial manufacturer for about $13 billion including debt, according to people familiar with the matter.  ( 27 min )

A lawyer for Hadley Gamble said she filed a sexual harassment and sex discrimination complaint at the company; Mr. Shell has said he had an inappropriate relationship with an employee.  ( 27 min )

(Bloomberg) -- Bed Bath & Beyond Inc.’s bankruptcy has netted more than a billion in paper profits for skeptics who bet against the big-box retailer, while amateur investors have been left holding a nearly empty bag.Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesTucker Carlson Leaves Fox News in Shakeup Afte  ( 39 min )

The group said that installing former technology chief JB Straubel to be board would mean that at least five of the eight members would lack independence.  ( 26 min )

There could be a lot of sales up for grabs because of Bed Bath & Beyond's demise.  ( 39 min )

Inflation and rising interest rates that dampen ad spending may widen Roku's losses and contribute to a first-ever decline in revenue, despite new product launches and a beefed-up Roku Channel.  ( 13 min )

(Bloomberg) -- Skyrocketing energy prices turned US natural gas drillers into cash machines that showered shareholders in returns over the past two years. But the heyday appears to be over. Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesTucker Carlson Leaves Fox News in Shakeup After SettlementA US supply gl  ( 38 min )

With interest rates at record highs, options abound to earn an excellent return on your savings. But this party won't last forever. Find out now which options are best for you.  ( 15 min )

U.S. businesses in sectors ranging from manufacturing to technology are recalibrating after a period of rapid growth.  ( 30 min )

(Bloomberg) -- Tucker Carlson, one of the most popular Fox News prime-time hosts, was worth more than $690 million to the parent company. At least that is what trading in the stock indicates. Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesHedge Funds Place Biggest Ever Short on Benchmark TreasuriesShares of  ( 38 min )

General Motors will report Q1 earnings on Tuesday morning, and investors hope the automaker will keep the good times rolling.  ( 39 min )

Trillium Capital proposed to acquire the stock-photo business for $10 a share in cash, but the share price is still well below that level.  ( 23 min )

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Wolfe Research analysts said C3.ai is likely to disappoint against Wall Street's growth expectations.  ( 22 min )

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Battle Road Research downgraded shares of the EV company to Sell from Hold, citing "internal challenges and sector-wide struggles."  ( 23 min )

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The owner of Louis Vuitton, Christian Dior and Tiffany has become the first European company to be valued at more than $500bn (£402bn), after renewed demand from Chinese shoppers boosted sales.  ( 38 min )

Johnson & Johnson (NYSE: JNJ) is reportedly readying an investor roadshow to pitch shares of its consumer-healthcare spinoff business, dubbed Kenvue, as early as Monday. Kenvue plans to start meeting with prospective investors with a goal to raise over $3.5 billion in the offering at a valuation of about $40 billion for Kenvue, its soon-to-be spun-off consumer business, which sells products like Tylenol, Band-Aids, and skin-care brands like Aveeno and Neutrogena. Assuming the company and its adv  ( 38 min )

Banks are paying up for savers' deposits in a much bigger way than they have in more than a decade, based on recent earnings reports from the nation's biggest banks. After a decade of low interest rates, the Federal Reserve has unleashed a rapid series of rate hikes to combat inflation, pushing up its benchmark rate to a range of 4.75% to 5%. A 24-month CD, a common savings product for medium-term savers, is now carrying an average yield of 4.81%, according to the Federal Reserve Bank of St. Louis.  ( 39 min )

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The company plans to launch a crypto-derivatives exchange in Bermuda in the coming weeks.  ( 27 min )

Market indicators have been sending conflicting signals lately, creating uncertainty among investors. While year-to-date gains are certainly better than last year’s bear, and volatility, while a concern, has run lower than last year, plenty of risk factors still remain, both in the broader economy and in the stock market. Taking a wider view of the markets, Christian Mueller-Glissman, head of asset allocation research for Goldman Sachs, gives investors a nudge toward a more defensive posture. Ex  ( 41 min )

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(Bloomberg) -- Millennials were more likely than any other generation to flee the stock market during last year’s rout. That meant they were also more likely to miss out on the subsequent rally.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingFour Reasons Why Investors Expect US Dollar to Keep SlidingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000Those were the results of a survey released Monda  ( 38 min )

Like most assets, you can inherit an individual retirement account (IRA) after the owner's death. And for spouses, inheriting an IRA is a relatively straightforward process. In most cases, you can simply assume ownership or even roll the inherited account over … Continue reading → The post How to Split an Inherited IRA Between Siblings appeared first on SmartAsset Blog.  ( 40 min )

If you have $5 million saved and are thinking of retiring at 45, the good news is you can certainly do so. The bigger question is how you'll need to plan your retirement around that amount and your early retirement … Continue reading → The post Can I Retire at 45 with $5 Million? appeared first on SmartAsset Blog.  ( 39 min )

Bank failures and economic turbulence have made bank depositors nervous – but what about banks where you can't visit a branch or speak to a teller? Can you withdraw your money when needed and protect yourself from risks? While the … Continue reading → The post Are Online Banks Safe? appeared first on SmartAsset Blog.  ( 40 min )

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The White House urged South Korea not to fill any market gap in China if Beijing bans Micron Technology, Inc (NASDAQ: MU) from selling chips. The U.S. has asked Seoul to encourage Samsung Electronics Co Ltd (OTC: SSNLF) and SK Hynix to hold back from boosting sales to China if it bans Micron from selling under an ongoing investigation, the Financial Times reports. The U.S. requested as President Yoon Suk Yeol prepared to travel to Washington for a state visit on Monday. Also Read: Micron's Sturd  ( 38 min )

The retailer has been warning since January that it was contemplating filing for bankruptcy if it wasn’t able to turn its business around quickly.  ( 22 min )

Wells Fargo analysts raised their price target for shares of the medical-technology company to $100 from $77.  ( 23 min )

Commercial real estate headwinds—which are particularly strong in the office space sector—will increase the risk of defaults, distress, and delinquencies.  ( 41 min )

(Bloomberg) -- Europe’s oil refiners, already making do without longstanding shipments of Russian crude, are now struggling with the loss of similar supplies from northern Iraq and a shock reduction in output by several of the world’s top producer nations.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingFour Reasons Why Investors Expect US Dollar to Keep SlidingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token  ( 39 min )

The company’s first-quarter sales rose, led by 8% volume growth for its Smartwater brand.  ( 25 min )

A global excess supply of solar-panels is likely to undermine First Solar's rally, according to analysts at Citi.  ( 22 min )

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The old-school precious metal has new allure for a generation seeking a respite from the cryptocurrency roller coaster  ( 27 min )

The electric-vehicle maker filed its 10-Q form, giving investors another chance to scrutinize its performance.  ( 23 min )

Prezzo will shut 46 loss-making restaurants hit hard by soaring pasta and energy costs, as well as poor footfall.  ( 52 min )

U.S. stock futures fell Monday as the earnings calendar is locked and loaded with heavyweights reporting in every sector.  ( 39 min )

Coca-Cola posts first-quarter sales of $11 billion. Unit case volumes rise 3%.  ( 23 min )

General Electric Co., once America's most valuable company, will probably report a first-quarter profit for the first time in three years as a boom in air travel demand boosts aviation revenue and restructuring begins to bear fruit.  ( 11 min )

Coca-Cola reports adjusted earnings that beat analysts' estimates, First Republic is scheduled to report quarterly earnings after markets close Monday, and shares of Bed Bath & Beyond sink after the retailer files for Chapter 11 bankruptcy protection.  ( 23 min )

Oil-field services companies are seeing a shift to long-cycle international projects from short-cycle U.S. production.  ( 26 min )

The Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed customers rushing to pull deposits.  ( 27 min )

(Bloomberg) -- LVMH’s market value surpassed $500 billion, becoming the first European company to reach that milestone, thanks to booming sales of luxury goods in China and a strengthening euro.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The achievement comes less than two weeks after LVM  ( 39 min )

Credit Suisse is still bleeding—even after its rival UBS promised to buy it out.  ( 40 min )

(Bloomberg) -- The euro zone probably resumed growth in the first quarter as all four of its biggest economies proved resilient enough to shake off the fallout from war on the region’s frontier.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cow  ( 39 min )

Rising geopolitical tensions have boosted defense spending, prompting an industry-wide hiring spree.  ( 27 min )

The uptick in insiders’ share purchases signals corporate optimism, which reassures some investors.  ( 27 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )

(Bloomberg) -- Chinese stocks posted their biggest two-day loss this year as geopolitical tensions and signs of an uneven recovery spurred traders to pare exposure ahead of the Golden Week holiday. Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The CSI 300 benchmark closed 1.2% lower to brea  ( 38 min )

(Bloomberg) -- A rally in US stocks leading up to this earnings season presents a near-term risk to equities given the prospect of further Federal Reserve rate hikes and fading profit growth, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The S&P  ( 38 min )

The retailer has been warning since January that it was contemplating filing for bankruptcy if it wasn’t able to turn its business around quickly.  ( 22 min )

(Bloomberg) -- Big Oil used last year’s unexpected windfall from surging energy prices to shower investors with rewards and pay down debt. As the cash continues to flow in 2023, the question is whether they will find more adventurous uses for their money.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Remat  ( 40 min )

Citi downgraded First Solar (NASDAQ:FSLR) to Sell/High Risk from Neutral and cut its price target to $194.00 from $220.00 given its belief that the company’s long-term outlook for margins and growth will draw increased scrutiny as the global supply of Si-based modules rises while the cost drops. Shares are trading more than 2% lower premarket today. C3.ai (NYSE:AI) shares are trading around 5% lower premarket today after Wolfe Research downgraded the stock to Underperform from Peerperform with a price target of $14.00.  ( 38 min )

The worst bank collapse since 2008 sent shares plunging. The stock is down 88% this year.  ( 22 min )

(Bloomberg) -- Oil kept falling in Asia — after losing almost 6% last week — as the outlook for global demand remained in question and Asian fuel markets flashed warning signs on shrinking refining margins.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get Ch  ( 39 min )

(Bloomberg) -- Stocks mostly fell in Asia as traders await a slew of economic data that may help illuminate the path forward for interest rates. Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get China’s Help on Ukraine Is Unraveling FastMSCI Inc.’s Asia Paci  ( 40 min )

The central bank is making progess in its effort to fight inflation, which means it may soon stop raising interest rates, at least for a while.  ( 22 min )

Jury selection and opening statements are set to begin Monday in a trial that mashes up Ed Sheeran's “Thinking Out Loud” with Marvin Gaye's “Let's Get It On.” The heirs of Ed Townsend, Gaye's co-writer of the 1973 soul classic, sued Sheeran, alleging the English pop star's hit 2014 tune has “striking similarities” to “Let's Get It On” and “overt common elements” that violate their copyright. The lawsuit filed in 2017 has finally made it to a trial that is expected to last a week in the Manhattan federal courtroom of 95-year-old Judge Louis L. Stanton.  ( 39 min )

Tech company earnings can move the broader market because of the financial results themselves.  ( 23 min )

Bitcoin rose on Monday morning in Asia but was boxed in below US$28,000. Ether and most other top 10 tokens gained, but not by enough to erase losses for the past week.  ( 39 min )

(Bloomberg) -- The Federal Reserve is sure that the US economy can avoid a recession despite the burden of higher interest rates. Hedge funds seem to agree.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Billionaire Brin Sold Tesla Near Its Peak for New Giving VehicleLeveraged  ( 37 min )

(Bloomberg) -- China’s post-Covid spending spree was supposed to reinvigorate JD.com Inc. But things haven’t gone according to plan.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get China’s Help on Ukraine Is Unraveling FastAfter dropping 37% since the start  ( 40 min )

(Bloomberg) -- China’s post-Covid spending spree was supposed to reinvigorate JD.com Inc. But things haven’t gone according to plan.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024After dropping 37% since the star  ( 40 min )

(Bloomberg) -- Professional investors see the dollar sliding even further from last year’s two-decade highs, as the market has underpriced the Federal Reserve’s oncoming easing cycle.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000Bed Bath & Beyond Files for Bankruptcy  ( 40 min )

Troubled regional lender First Republic Bank announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in Q1 2023.  ( 10 min )

Shares of Getty Images (GETY), the provider of stock photos, jumped 31% on April 24, 2023, following news of a buyout bid by Trillium Capital.  ( 10 min )

Personal loan rates have climbed for a fourth consecutive week, taking the average rate another third of a point higher.  ( 11 min )

U.S. equities were mixed and little changed on April 24, 2023, ahead of key tech earnings reports being released in the week.  ( 10 min )

Meta is likely to say that net income for the first quarter declined 28% on lower advertising revenues as the company braces for another round of significant layoffs in May.  ( 11 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

Find out the history behind the controversial FICA cap on wages.  ( 16 min )

Prices of bitcoin and ether—the two largest cryptocurrencies by market capitalization—are usually closely correlated, but that's changing, and it could affect investments and risk management for cryptocurrency investors.  ( 11 min )

Visa, the world’s biggest electronic payments provider, will likely report higher revenues and profit on increased transaction volumes in Q1, as households rely more on credit cards amid high inflation.  ( 11 min )

The Social Security cap increase for 2022 was 2.9% and it's 8.98% for 2023, but this won't be enough to keep Social Security from running out of funds by 2035.  ( 16 min )

Specialty CDs offer features such as the ability to add to the principal or avoid early withdrawal fees. Some options offer more flexibility, but may have lower rates than standard CDs.  ( 17 min )

A bank account number is a unique string of numbers and, sometimes, letters or other characters that identifies the owner of the account.  ( 14 min )

Life insurance provides essential protection for you and your family. This guide explores life insurance types and companies so you can find the best option for you.  ( 19 min )

Discover why traders use swing charts, how these charts are constructed, and how to start using them.  ( 14 min )

The average cost of flood insurance is around $80 per month, but your rate will depend on the coverage you need, the provider you choose, and more.  ( 17 min )

Inflation and rising interest rates that dampen ad spending may widen Roku's losses and contribute to a first-ever decline in revenue, despite new product launches and a beefed-up Roku Channel.  ( 13 min )

With interest rates at record highs, options abound to earn an excellent return on your savings. But this party won't last forever. Find out now which options are best for you.  ( 14 min )

This week’s cryptocurrencies to keep an eye on are BitTorrent (BTT), Zilliqa (ZIL), UNUS SED LEO (LEO), Toncoin (TON), and TRON (TRX).  ( 12 min )

GM investors will look to see how the company's margins have held up after it refused to slash prices on electric vehicles like its competitors.  ( 12 min )

The average monthly home insurance premium was $1,311 in 2020. See the average home insurance costs in all 50 states and learn how to save money on your policy.  ( 16 min )

PayPal's business model is prioritizes safe transactions between buyers and sellers, but there are still risks to keep in mind. Learn how PayPal compares to credit cards.  ( 18 min )

Larry Kotlikoff, Professor of Economics at Boston University and a two-time presidential candidate, turns the world of financial planning and advice upside down in his book, "Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life." Why he thinks we should marry for money, move back in with our parents, and keep investing through our retirement. Plus, transport stocks and homebuilder stocks are telling two different stories about the economy and the stock market. Which one is right?  ( 12 min )

Mortgage rates moved mildly in different directions for the various loan types, while all of the jumbo rate averages held steady.  ( 12 min )

Greenbrier, Central Japan Railway, and Canadian Pacific lead industry in revenue growth.  ( 14 min )

Rising expenses, primarily from soaring interest costs, likely reduced PacWest Bancorp's profit by about a third in the first quarter.  ( 11 min )

Bed Bath & Beyond filed for bankruptcy after failing in its turnaround efforts and Big Tech companies like Alphabet, Microsoft and Amazon will highlight earnings reports this week. Here’s what investors need to know today.  ( 11 min )

General Electric Co., once America's most valuable company, will probably report a first-quarter profit for the first time in three years as a boom in air travel demand boosts aviation revenue and restructuring begins to bear fruit.  ( 11 min )

Exchange-traded funds (ETF) get the lion's share of investors' money but some choose exchange-traded notes (ETNs). Here are the differences between the two investment vehicles.  ( 16 min )

A company may perform a reverse stock split hoping to avoid being delisted, raise its profile, and attract new investors.  ( 17 min )

De Noordzee wordt de grootste duurzame energiecentrale ter wereld. Dat hebben Nederland en acht andere landen rondom de Noordzee maandag besloten tijdens de tweede Noordzeetop in België.  ( 3 min )

De Noordzee wordt de grootste duurzame energiecentrale ter wereld. Dat hebben Nederland en acht andere landen rondom de Noordzee maandag besloten tijdens de tweede Noordzeetop in België.  ( 3 min )

Coca-Cola schroefde de prijzen afgelopen kwartaal flink op. Daardoor zag de Amerikaanse drankengigant de omzet en winst stevig groeien, blijkt uit cijfers die maandag zijn gepubliceerd.  ( 3 min )

Er moet een verplichte erkenning komen voor installateurs van zonnepanelen. Op die manier moeten misstanden worden voorkomen nu het aantal beunhazen in de sector toeneemt. Het gaat daarbij om bedrijven die de regels aan hun laars lappen en vaak niet geschikt zijn in het werk.  ( 3 min )

De effecten van de stakingen in de distributiecentra van supermarktketen Albert Heijn (AH) beginnen zichtbaar te worden in de winkels. Met name bij winkels in het noordoosten van het land zijn bepaalde producten binnenkort niet meer te krijgen. En de acties duren voort.  ( 3 min )

Er komt maar geen einde aan het gedoe over blauwe vinkjes op Twitter. Alleen mensen die betaalden voor Twitter Blue zouden nog een vinkje houden. Nu blijkt dat directeur Elon Musk eigenhandig abonnementskosten betaalt voor accounts van beroemdheden die daar niet op zitten te wachten.  ( 6 min )

Wie op zoek is naar veel ruimte (en geen buren), kan in Schotland een onbewoond eiland kopen voor 'slechts' 168.000 euro. Het eiland ter grootte van vijftig voetbalvelden kost daarmee minder dan de helft van een gemiddeld huis in Nederland.  ( 3 min )

LVMH, bekend van merken als Louis Vuitton, Moët & Chandon en Hennessy, heeft wat te vieren. Het Franse luxeconcern is nu het eerste Europese bedrijf met een marktwaarde van 500 miljard dollar (ruim 450 miljard euro).  ( 3 min )

ING heeft de storing waardoor klanten maandagochtend geen geld konden overmaken inmiddels verholpen. De storing kwam op een onhandig moment, aangezien veel werknemers vandaag hun salaris ontvangen. In maart ging het ook al fout op de 24e van de maand.  ( 3 min )

Ook in de meivakantie wordt het voorlopig nog geen mooi weer. Voor pretparken lijkt de schade te overzien, maar voor strandtenthouders en ijssalons is het slechte weer aan het begin van het seizoen een fikse domper.  ( 4 min )

Voor de problemen met toeslagen is maar één oplossing: het hele toeslagenstelsel afschaffen. Het systeem vraagt het onmogelijke van burgers, zegt inspecteur-generaal Bart Snels van de Inspectie belastingen, toeslagen en douane tegen Trouw.  ( 4 min )

Albert Heijn heeft sinds zondag te maken met stakingen in de distributiecentra. In vijf van de zes centra hebben werknemers het werk neergelegd, laat de supermarktketen aan NU.nl weten. Nu zijn alle producten nog gewoon verkrijgbaar in de winkels, maar dat kan veranderen als de acties voortduren.  ( 4 min )

Philips heeft de afgelopen jaren veel onderdelen afgestoten, maar heeft wereldwijd nog steeds dezelfde uitstraling als voorheen. De elektrische tandenborstels en scheerapparaten blijven populair onder consumenten en ook de medische apparatuur vindt gretig aftrek. "Mensen kijken echt naar Philips. We blijven absoluut een belangrijke speler", zegt CEO Roy Jakobs tegen NU.nl.  ( 4 min )

Door een storing bij ING kunnen klanten sinds maandagochtend geen geld overmaken naar andere rekeningen. Dat is erg onhandig, want veel mensen ontvangen vandaag hun salaris. Vorige maand ging het ook al fout op de dag dat veel werknemers hun loon ontvingen.  ( 3 min )

Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 5 min )

Klanten van Credit Suisse hebben in het eerste kwartaal 61 miljard Zwitserse frank (ruim 62 miljard euro) van hun rekeningen gehaald. De noodlijdende bank ziet het bedrag verder oplopen.  ( 3 min )

Klanten van Credit Suisse hebben in het eerste kwartaal 61 miljard Zwitserse frank (ruim 62 miljard euro) van hun rekeningen gehaald. De noodlijdende bank ziet het bedrag verder oplopen.  ( 3 min )

Sinds zondag zijn er acties in distributiecentra van supermarktketen Albert Heijn. Die begonnen op kleine schaal, maar lijken over te slaan naar de andere centra. Een woordvoerder van AH laat aan NU.nl weten dat als de stakingen uitbreiden, dat te zien zal zijn in de winkels.  ( 3 min )

Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 5 min )

Philips heeft 575 miljoen euro opzijgelegd voor verwachte schadeclaims in de Verenigde Staten vanwege productiefouten in slaapapneuapparaten. De terugroepactie van de apparaten zelf kostte het bedrijf ook al bijna 1 miljard euro.  ( 3 min )

Philips heeft 575 miljoen euro apart gezet voor de verwachte schadeclaims in de Verenigde Staten vanwege productiefouten in slaapapneu-apparaten. De terugroepactie van de apparaten zelf kostte het bedrijf ook al bijna 1 miljard euro.  ( 3 min )

Vanaf maandag betaal je bij Wehkamp 50 cent per geretourneerd kledingstuk. NU.nl nam een kijkje in het retourcentrum van Wehkamp, waar 250 werknemers dagelijks zo'n 50.000 teruggestuurde artikelen checken en sorteren. We vroegen ook waarom het bedrijf deze maatregel nu heeft ingevoerd.  ( 3 min )

Tussen Nederland en het Verenigd Koninkrijk komt een nieuwe elektriciteitsverbinding. Daar wordt voor het eerst een Nederlands windpark op zee rechtstreeks aan gekoppeld.  ( 3 min )

Er komt een nieuwe elektriciteitsverbinding tussen Nederland en het Verenigd Koninkrijk. Daaraan zal voor het eerst direct een Nederlands windpark op zee worden gekoppeld.  ( 3 min )

Vijf provincies in Nederland zagen het afgelopen kwartaal de huizenprijzen stijgen. In de andere zeven provincies daalden de prijzen ten opzichte van een jaar eerder, ziet statistiekbureau CBS.  ( 3 min )

Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 1 min )

Crown jewels refer to the most valuable unit(s) of an entity as defined by characteristics such as profitability, asset value, and future prospects.  ( 12 min )

"High-net-worth individual" (HNWI) is a financial industry classification for a person with liquid assets above a certain figure. The minimum used is often $1 million.  ( 17 min )

M2 is a measurement of the nation's money supply that estimates all of the cash that everyone has in hand or in short-term bank deposits.  ( 16 min )

Catfishing is when a person creates a fake online identity to trick someone into a false relationship, often to troll or defraud the victim.  ( 15 min )

You may assume you're going to be one of those people retiring later in life, but you need to have a plan in case you can't work as long as you want.  ( 15 min )

Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 12 min )

In postal banking, the post office would offer basic financial services—and a low-cost alternative to check-cashing stores and payday loan providers.  ( 15 min )

A determination letter is issued by the Internal Revenue Service to inform a company whether its employee benefit meets the rules for special tax treatment.  ( 13 min )

Having mold in your home can create numerous challenges. If you’re wondering whether homeowners insurance covers mold, here’s what you need to know.  ( 15 min )

Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 22 min )

Learn what a t-test is and discover the five standard assumptions made regarding the validity of sampling and data used in a t-test.  ( 12 min )

The Foster School of Business at the University of Washington offers undergraduate, graduate, and doctoral programs in business and other fields.  ( 12 min )

The SECURE 2.0 Act of 2022, part of the Consolidated Appropriations Act (CAA) of 2023, is legislation that contains 92 provisions aimed at strengthening retirement savings in important ways.  ( 17 min )

A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies and NFTs.  ( 31 min )

A surviving spouse has many options to handle an inherited IRA, including rolling over funds to their IRA, depleting the account in five years, or assuming ownership of the original IRA.  ( 15 min )

Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future.  ( 18 min )

Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 23 min )

Settlement of a $725 million class-action lawsuit over Cambridge Analytica scandal means millions of Facebook users may be able to get money from the social media company.  ( 11 min )

The stock market consists of exchanges in which stock shares and other financial securities of publicly held companies are bought and sold.  ( 19 min )

Student loan funds can be used for rent but students who need to stretch their loan dollars may find campus housing is the more affordable choice.  ( 16 min )

The Federal Reserve Bank of Minneapolis is one of 12 regional banks within the Federal Reserve system, overseeing banks in all or part of six Midwestern states.  ( 15 min )

Elon Musk touched upon many themes on Tesla’s recent earnings call, one of which was the lack of lithium refining options. Given lithium is an essential component in EV batteries, there is an unmet need for refined lithium in the EV industry. During the call, Musk said: “Can other people please do this work? That would be great. We’re begging you. We don’t want to do it. Can someone please? Instead of making a picture-sharing app, try lithium mining and refining, heavy industry, come on.” In sho  ( 41 min )

While unlikely, the possibility of oil reaching $200 exists in scenarios such as a major escalation in the Ukraine conflict or underinvestment leading to a reduction in supply.  ( 40 min )

Tesla's price cuts are about sacrificing short-term profits in the hope of attracting more buyers away from traditional carmakers such as Ford.  ( 39 min )

The Bureau of Economic Analysis will release its preliminary estimate of first-quarter gross-domestic-product growth on Thursday,  ( 22 min )

Kenvue plans to start meeting with prospective investors as early as Monday.  ( 29 min )

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Following passage of the Inflation Reduction Act, the IRS will receive almost $80 billion in added funding that will go toward reinventing the agency.  ( 39 min )

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Jeff Shell is out as NBCUniversal CEO due to an "inappropriate relationship"with a female employee.  ( 39 min )

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Jeff Shell, the chief executive of NBCUniversal, is departing the company after an investigation into inappropriate conduct, Comcast announced Sunday. In a brief statement, Shell said Sunday would be his last day after what he called “an inappropriate relationship with a woman in the company." “I’m truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business and the opportunity to work with them the last 19 years has been a privilege,” Shell said.  ( 37 min )

Bud Light's marketing vice president is reportedly taking a leave of absence following controversy over the brand's work with a transgender celebrity.  ( 23 min )

First-quarter earnings from Coca-Cola, First Republic, Alphabet, GE, McDonald’s, Microsoft, Verizon, Visa, Boeing, Meta, Amazon.com, Caterpillar, and Exxon Mobil.  ( 23 min )

If you plan to buy a house soon, you should be aware of these fee changes that will affect your upfront costs.  ( 39 min )

Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 11 min )

(Bloomberg) -- Glencore Plc’s attempt to seal mining’s biggest deal in a decade has thrust new Chief Executive Officer Gary Nagle into center stage. Little known outside Glencore before taking the job nearly two years ago, the energetic South African is pursuing one of mining’s most unattainable targets, in a bitter brawl that’s headed for a potential climax this week.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger  ( 42 min )

Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 22 min )

If we get an earnings recession or an economic recession there's no guarantee that you’ll get an opportunity to buy stocks at cheaper levels than where they are right now.  ( 43 min )

Landlords are behind a quarter of homes for sale in London as punitive taxes and soaring mortgage rates force buy-to-let investors to quit the market.  ( 38 min )

Elon Musk highlights a challenge facing the EV battery market — a need for more lithium refineries. Some experts, however, expect this market will look like most commodities markets in a decade.  ( 40 min )

Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future.  ( 18 min )

Time is running out for a last-minute acquisition of Buybuy Baby, which consistently outperforms Bed Bath & Beyond stories.  ( 23 min )

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(Bloomberg) -- Wall Street traders are ignoring warning signs that the rally in technology stocks looks overblown.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBud Light Marketing Executive Takes Leave After Controversy: Ad AgeElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireOptimism that the Federal Reserve will pivot from it  ( 40 min )

Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 23 min )

You can avoid capital gains taxes by investing long-term, taking advantage of tax-deferred retirement plans and offsetting gains.  ( 39 min )

Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 41 min )

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(Bloomberg) -- Elon Musk is years behind on his ambition to render Tesla Inc.’s cars fully autonomous. He’s now saying in no uncertain terms that he’s willing to bet the company’s profit margins on making it happen.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Publ  ( 39 min )

Quarterly results will give investors insight into the extent of the damage after sharp deposit outflows at the bank.  ( 27 min )

While markets are up this year, by almost 8% on the S&P 500 and more than 15% on the NASDAQ, they remain volatile – and they have yet to recoup all of last year’s losses. The result is an uncertain market environment, one that investors are not quite sure they can trust, even as they want to buy in. What’s needed here is a reliable tool to find the upwardly mobile stocks, the ones that are primed to win, and to keep winning, in the coming months. That’s where the Smart Score comes in. Based on t  ( 41 min )

Settlement of a $725 million class-action lawsuit over Cambridge Analytica scandal means millions of Facebook users may be able to get money from the social media company.  ( 11 min )

Fox Corp.'s hefty $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. On Tuesday, Fox settled with Dominion over charges that Fox News baselessly accused the company of rigging its voting machines against former President Donald Trump in 2020. Fox had about $4 billion of cash on hand as of December 2022, and MoffettNathanson analyst Robert Fishman expects the company to pay the settlement during the current quarter.  ( 40 min )

(Bloomberg) -- Even as the outlook brightens for emerging-market debt, bonds from a handful of the riskiest countries are being left behind. And there is little evidence that’s about to change.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAnger in Europe After Chinese Diplomat Says Ex-  ( 39 min )

Wellcome Trust sold 1.3 million shares of Facebook parent Meta, and trimmed stakes in Apple and Microsoft stock in the first quarter.  ( 22 min )

Shortage of fiber technicians casts doubt on the White House goal to bring fast internet to every home this decade.  ( 22 min )

Thousands of miles away from the battle lines in Ukraine, a small crew of yellow-jacketed workers is huddled around a gas pipeline on the Norfolk coast.  ( 40 min )

Bed Bath & Beyond's bankruptcy filing comes after months spent searching for additional liquidity amid shrinking inventory levels and declining revenues.  ( 40 min )

First quarter earnings season has gotten off to a better-than-feared start. This coming week, some of the biggest names in the tech industry will put investor sentiment to the test.  ( 41 min )

Bed Bath & Beyond has filed for bankruptcy protection, but its stores and websites will remain open and continue serving customers, the company said. The beleaguered home goods chain made the filing Sunday in U.S. District Court in New Jersey, listing its estimated assets and liabilities in the range of $1 billion and $10 billion.  ( 37 min )

Years of losses and a failed turnaround plan left the retailer struggling to stock stores.  ( 28 min )

(Bloomberg) -- US housewares retailer Bed Bath & Beyond Inc. filed for Chapter 11 in New Jersey, according to a court filing. Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardThe company’s estimated assets are $1 billion to $10 b  ( 40 min )

The net $77.7 billion in equities and ETFs purchased by individuals in the first quarter is near a record.  ( 25 min )

Deposit flight and higher funding costs risk squeezing small businesses and lending beyond big cities.  ( 26 min )

PepsiCo, McDonald’s and Exxon are also set to report amid concerns about the economy and inflation.  ( 26 min )

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Here is your Pro Recap of the biggest fresh dividend hikes, special dividends, and stock buybacks you may have missed this week. Costco Wholesale (NASDAQ:COST) shares rose nearly 2% on Thursday after the company hiked its dividend by 13.3% to $1.02 per share, or $4.08 annualized, for an annual yield of 0.8%. The dividend will be payable on May 19, 2023, to stockholders of record on May 5, 2023, with an ex-dividend date of May 4, 2023.  ( 39 min )

But it won’t necessarily fall apart, writes Christopher Smart.  ( 30 min )

A hedge fund founded by billionaire American investor Ken Griffin has taken a multimillion pound short position in food delivery company Deliveroo.  ( 38 min )

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The Case-Shiller index tracking single-family home price changes in 20 large U.S. metropolitan areas for February is expected to be flat from a year ago, according to estimates. That hasn't happened since 2012.  ( 23 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 4 min )

Werknemers van distributiecentra van Albert Heijn gaan zondagavond en maandag staken. Dat doen ze omdat een ultimatum dat vakbonden CNV en FNV hadden gesteld, is verlopen. De staking kan ervoor zorgen dat supermarkten van AH niet meer bevoorraad worden en er lege schappen ontstaan.  ( 3 min )

De prijs van olijfolie is de afgelopen tijd naar recordhoogte gestegen, schrijft Financial Times zondag. De oorzaak is de aanhoudende droogte in Spanje, de grootste olijfolieproducent ter wereld.  ( 3 min )

Duitse vakbonden en werkgevers hebben na maanden van onderhandelingen en stakingen een cao-akkoord gesloten. De cao krijgt een looptijd van twee jaar en geldt voor 2,5 miljoen medewerkers in de publieke sector, zoals buschauffeurs, brandweerlieden en artsen.  ( 3 min )

Terwijl de overheid steeds meer geld gaat pompen in kinderopvang, komen er meer investeerders op af. Dat kan goed zijn voor de nodige groei van opvangplekken, maar publiek geld belandt zo wel in diepe zakken. Moet de overheid ingrijpen?  ( 4 min )

Terwijl de overheid steeds meer geld gaat pompen in kinderopvang, komen er meer investeerders op af. Dat kan goed zijn voor de nodige groei van opvangplekken, maar publiek geld belandt zo wel in diepe zakken. Moet de overheid ingrijpen?  ( 4 min )

Het bedrijfsleven heeft de afgelopen jaren veel over zich heen gekregen. De coronacrisis, de oorlog in Oekraïne, de torenhoge inflatie en de hoge energie- en grondstofkosten hebben geleid tot veel problemen en onzekerheid. Bovendien is er nog steeds sprake van een groot personeelstekort en een oplossing is verder weg dan ooit.  ( 5 min )

Het weer houdt ons altijd bezig, zeker als het niet doet wat we verwachten of willen. Zo smachten we nu allemaal naar mooi weer, maar laat dat nog op zich wachten. Meteorologen houden ons constant op de hoogte, en daar zit een aardige beloning aan vast.  ( 4 min )

Het bedrijfsleven heeft de afgelopen jaren veel over zich heen gekregen. De coronacrisis, de oorlog in Oekraïne, de torenhoge inflatie en de hoge energie- en grondstofkosten hebben geleid tot veel problemen en onzekerheid. Bovendien is er nog steeds sprake van een groot personeelstekort en een oplossing is verder weg dan ooit.  ( 5 min )

Proof-of-Stake (PoS) is a cryptocurrency consensus mechanism used to confirm transactions and create new blocks through randomly selected validators.  ( 17 min )

We compared long-term disability insurance quotes, average costs, and ways to save to help you determine if long-term disability insurance is worth it.  ( 14 min )

Opening a crypto exchange account is an essential step in buying Shiba Inu (SHIB). Learn what you need to open a crypto exchange account and how to do it.  ( 25 min )

Bitcoin Private (BTCP) is an open-course cryptocurrency that allows senders and receivers to remain untraceable.  ( 14 min )

Learn about Pinterest and the type of company it is trying to become. Understand the company's business model and what makes it unique.  ( 14 min )

Speculative flow is the movement of hot money into shares of a sector or specific company or an asset class in an attempt to earn short-term gains.  ( 17 min )

D.R. Horton (DHI), America’s largest homebuilder for the past two decades, trounced analyst expectation with its first quarter results, suggesting the housing market may be stronger than it seems.  ( 12 min )

Oscar-winning actor Leonardo DiCaprio amassed a net worth of about $300 million from his acting career and real estate portfolio. As a climate activist he also backs sustainable companies from plant-based foods to vegan leather.  ( 15 min )

Certificates of deposit can have different terms. Learn how short-term and long-term CDs compare.  ( 16 min )

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Anheuser-Busch has decided to shake up its marketing leadership after its Bud Light brand became, quite literally, a target for conservatives.  ( 38 min )

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All eyes were on CEOs of the Wall Street giants for cues on how markets will weather murky economic conditions.  ( 39 min )

(Bloomberg) -- The latest US figures on growth, inflation and wages will be released in the coming week — some of the final marquee reports the Federal Reserve will have in hand before its May policy meeting.Most Read from BloombergBud Light Takes the Cowardly Way OutElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAlphabet CEO’s Pay Soars to $226  ( 42 min )

(Bloomberg) -- Bond traders are taking little solace in the market’s recent calm for a simple reason: It’s not likely to last. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cowardly Way OutTwo-year US Treasury yields, some of the most sensitiv  ( 39 min )

(Bloomberg) -- Add central banks to the wall of worry for global credit markets.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cowardly Way OutThis year’s rally in risk assets is more to do with a $1 trillion central bank liquidity injection th  ( 39 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

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Walt Disney Co. reportedly will cut thousands of jobs across the company by next week, including those at theme parks, in entertainment and on corporate teams.  ( 38 min )

(Bloomberg) -- At least nine members of Congress sold banking stocks before and during the market turmoil in March, the Financial Times reported. Most Read from BloombergBud Light Takes the Cowardly Way OutElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardJosh Gottheimer, a New Jersey Demo  ( 37 min )

In 2019, half of the 35 million older adults and younger persons with disabilities with traditional Medicare spent at least 16% of their income on out-of-pocket health care costs.  ( 42 min )

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Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled  ( 37 min )

Fast growing restaurant chain Raising Cane's is investing more than $9 million dollars into its workforce. Co-CEO and COO AJ Kumaran said the return of investment is far higher.  ( 37 min )